Capital gain

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If a Immovable Property has been hold for exactly 24 months is it LTCA or STCA
Replies (5)
It will be STCA

Short Term Capital Assets (POH = 24 months) 

IT IS STCA

Short Term Capital Asset

If property is hold for more than 24 months only then it is LTCA.
in our case it's equal to 24 months so it will cover under STCA


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