LONG TERM CAPITAL GAIN REG

Land and bld sold after 2017 after 24 mts is LTCG....movable asset like gold is 36 mts period for LTCG

Its 24 months

It's 24 month after 2017

One of my client gifted his newly purchased house property to his wife within two months of claiming capital gain tax exemption. for clear understanding I'm illustrating the facts

One Mr. Kiran claimed capital gain tax exemption in the financial year 21-22, and in 22-23 he has gifted his newly purchased property to his wife. now the query is whether capital gain exemption claimed is chargeable to tax or not