17 February 2012
I have been allotted a flat of co operative society in year 1983. for this i will have to make payment in installments. I made the payments well in time and last year in 2011 i received the possession of the flat. in year 2011 i sold it. Now my question is whether i have to pay STCG or LTCG . what will be the period of holding from date of allotment of flat or date of possession. reply soon.
CAclubindia
