banner_ad

Capital Gain on property Sale

This query is : Resolved 

12 November 2019 Hello All
Sir I have purchased property in 2014 . Started Construction in 2018 and finish in 2019 Dec. I want to Sell it in Jan 2020. Whether the capital gain should be long term or short term? How to calculate the gains ?
Pl advise.
Regards

13 November 2019 Land being held for more than 24 months would qualify for LTCG. Building thereon shall be subjected to STCG. It would be good if you bifurcate the value of land and building in the sale deed of property.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details