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Capital gain
If a Immovable Property has been hold for exactly 24 months is it LTCA or STCA
Replies (5)
Quick Summary
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
in our case it's equal to 24 months so it will cover under STCA
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