Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 December 2013
Assesse Purchase flat in 2010 and same flat is sold 2013 with 3 year (2 year 333 days only) and again invested to new flat in 2013,
quire is that it is long term capital gain or short term capital gain.
quire is that it is long term capital gain or short term capital gain.
12 December 2013
Its short term capital gain as the asset is held for a period not more than 36 months.
.
.
12 December 2013
Yes.since not more than 36 months it is short term capital gains
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