Capital Gains - LTCG v/s STCG - sale of industrial sheds - date ...
Industrial Shed Sales: Holding Period Determines Long-Term or Short-Term Capital Gains Tax; Allotment Date is Key.
July 1, 2019
Case Laws Income Tax HC
Capital Gains - LTCG v/s STCG - sale of industrial sheds - date of allotment or date of registration is relevant for period of holding - if the assessee was enjoying the property under the provisions of the TP Act, it has to be considered the date of ownership from the date on which he was put in possession of the property - taxable as LTCG
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