banner_ad

Sale of Flat - Long Term or Short Term?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 February 2009 Nature of Asset : Flat (Under Construction)
Date of Purch Agreement (Registered) : 30/03/2004
Date of pyt for purch : 10/04/2004
Date of Possesison recd. : April'2007
Date of Sale : Jan'2009

Whether Long Term or Short Term Capital Gain?
Profile Image

CA Parvin Ahuja

Profile Image

CA Parvin Ahuja (Expert)
04 February 2009 It will be short term capital gain because possession has been taken in April 2007 which is less than the mandatory period of 36 Months.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
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 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 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details