Capital gain


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 January 2015 Sir,

I have booked a flat on 18/11/2009 and make a agreement on 18/11/2009 but the said flat sold on 01/02/2014.

issue is said flat not taking possession and not registered in my name.

now said transaction is Short-term or Long-term.

pls tell me.

Thanking you

25 January 2015 Long term. Inference is from the Kolkotta tribunal decision in the case of-

Subhas Chandra Parmanandka Vs. ITO [ITA No.1614/Kol/
2010, AY 2006-07, dated 16 January,2014].


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