Holding period in case of shares

if I bought listed shares on 31-1-18 and sold them on 31-1-19 so is it LTCG or STCG???
Replies (3)

1. Holding period of an asset is considered to determine whether an asset is a long term or short term capital assets. Generally for shares holding period will be 12 months to be considered as short term. If it is held for more than 12 months then it will be considered as long term capital assets. 
2. For determination of holding period, date of acquisition and the prior date on which the asset is sold should be considered. 
3. In your case, it would have been 365 days or 12 months. The condition is that it should have been more than 12 months. Looking at the case from that angle it will not be considered as the Long term and thus it will be short term. 
Please correct me if the above interpretation has an alternative view. 

The year in your case ends on 30th Jan 2019. so it is LTCG
It is a LONG TERM CAPITAL GAIN since held for more than 12 months.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details