Capital gain classification..long term/short term
This query is : Resolved
27 September 2014
Dear Members,
I am holding a residential apartment in Pune. I received a pocession from builder along with property keys in October 2011. Occupancy certificate from builder was received in April 12. I am planning to sell the property in Nov 14. Can I consider the capital gains arising from this property as long term considering pocession was given in October2011 along with flat keys.
Thanks and regards,
Jyotsna
I am holding a residential apartment in Pune. I received a pocession from builder along with property keys in October 2011. Occupancy certificate from builder was received in April 12. I am planning to sell the property in Nov 14. Can I consider the capital gains arising from this property as long term considering pocession was given in October2011 along with flat keys.
Thanks and regards,
Jyotsna
Nikhil Kaushik
(Expert)
27 September 2014
when was agreement to sale executed?
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