Ltcg of house pproperty 2/3 years

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CS
57 Points Posted on 18 May 2019

I had purchased house in Janaury 2018 for 5 Lakhs now in expecting to sell itn March 2020 for Rs 7 Lakh ( around after 26 month) ...................so this 2 lakh profit would be taken as LTCG or STCG

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On 18 May 2019 at 15:02 Report
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6 Points Posted on 18 May 2019
LTCG
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On 18 May 2019 at 17:36
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student
294 Points Posted on 18 May 2019

For long term capital gain, immovable property should be held for 24 months or more.

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On 18 May 2019 at 17:44
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CS
57 Points Posted on 19 May 2019

THANKS

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On 19 May 2019 at 08:38

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