Capital gain and period of holding


This query is : Resolved 

Quick Summary
The user purchased an under-construction flat in 2020, received possession in April 2024, and sold it in March 2024. They are asking about the period of holding and whether it qualifies as short-term or long-term capital gains. This is often determined from the date of acquiring the right to the asset.

(Querist)
21 May 2025 hiii!!! i have booked flat in under construction property in 2020, got posession in april 2024 and sold in march 2024.
what is period of holding ??
it is short or long term ??

21 May 2025 LTCG over "Right acquired in an Asset"

28 September 2025 Good luck.....


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