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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Capital gain - LTCG or STCG - Period of holding of asset - right ...

Case Laws     Income Tax

April 10, 2020

Capital gain - LTCG or STCG - Period of holding of asset - right acquired on signing of JDA - this right was held by the assessee for more than 36 months because it was acquired on 16.12.2010 and sold in F. Y. 2014-15. Hence, the capital gain in question is LTCG and not STCG - AT

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