Capital gain

245 views 3 replies

proprietor

86 Points Joined September 2013

A flat was purchased in Aug 2015and registry was done in April 2018 and the same was sold in may 2018..will it be STCG or LTCG?

Replies (3)

445 Points Joined May 2017

if agreement or Allotment letter of 08/15 is there then covered only u/Ltcg pl

Practicing CA

1225 Points Joined May 2018

it will be ltcg as date of allotment is considered as date of acquisition

student

31 Points Joined November 2013

If any token money was paid on thr agreement date(or any agreement was made) i.e.. in 2015 then you can claim the benefit of LTCG

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