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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Capital Gains - LTCG v/s STCG - sale of industrial sheds - date ...

Income Tax

July 1, 2019

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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