Capital gains

Asset purchased in septmber2013 no sale deed executed at that time.

GPA and full payment and sittlement deed executed &registered,total possession taken in sep 2013 and 1% TDS made & paid  on total consideration

property got registerd in december2016. no further payment made.

purchased property also sold in december 2016

wether the capital gain is longterm or short term ?

 

 

Replies (1)

"total possession taken in sep 2013 and 1% TDS made & paid  on total consideration........"

Rights in the property gets transferred in Sept. 2013

So, Long term

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register