LTCG - period of holding - Registration of the property which ...

Property Possession Date Determines LTCG Holding Period, Not Registration Date; Section 53A Clarifies Transfer Timing.

July 8, 2019

Case Laws Income Tax AT

LTCG - period of holding - Registration of the property which was acquired by the assessee in the F.Y. 1994-95 though executed in the Year 2005 has no significance because u/s 53A of the TPA, when the possession of the said immovable property has been taken over by the assessee in part performance of a contract, the transfer is complete - thus holding the property for more than 36 months - LTCG

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LTCG - period of holding - Registration of the property which ...

Property Possession Date Determines LTCG Holding Period, Not Registration Date; Section 53A Clarifies Transfer Timing.

July 8, 2019

Case Laws Income Tax AT

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