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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Capital gain on asset sold - LTCG OR STCG - period of holding - ...


Understanding Capital Gains: Holding Period Defines LTCG vs. STCG; Property Nature Change Doesn't Affect Acquisition Date.

September 26, 2019

Case Laws     Income Tax     AT

Capital gain on asset sold - LTCG OR STCG - period of holding - merely because there is a change in the nature of immovable property, the principles of determining date of acquisition cannot change

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