Long Term Capital Gain OR Short Term Capital - period of holding ...

Capital Gains: Asset Held Over 36 Months Qualifies as Long-Term; Includes Period of Tenancy in Holding Time.

May 19, 2021

Case Laws Income Tax AT

Long Term Capital Gain OR Short Term Capital - period of holding - inclusion of period of tenancy - The word 'held' as per dictionary meaning means to possess, be the owner, holder or tenant of property, stock, land, etc. - the assessee was occupying the asset for more than the qualifying period of 36 months and on assigning the right in the property, the gain earned is certainly qualified for LTCG. - AT

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Long Term Capital Gain OR Short Term Capital - period of holding ...

Capital Gains: Asset Held Over 36 Months Qualifies as Long-Term; Includes Period of Tenancy in Holding Time.

May 19, 2021

Case Laws Income Tax AT

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