i have purchased a flat in 2010 and paid rs. 20 lacs to builder and balance amount paid in installments and registered in 2012. now i want to sell the flat in 2014. can i avail capital gain from 2010 or it will be a short term capital gain?
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Capital gain
Replies (1)
Capital gain will be calculated from 2010 i.e. from the date of possession...and not from 2012
Regards,
Siddharth Bumb
www.facebook.com/DTandIDT
WWW.SIDDHARTHBUMB.BLOGSPOT.COM
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