Ltcg or stcg

Ramesh Tiwari (DNE) (25 Points)

07 March 2014  

In case of sell of flat; one must hold flat for 3 years to get relief under Long Term Capital Gains. Otherwise short term gains apply.To count 3 years what should be date of purchase? 1) date of allotment (June 2009) after giving booking amount (June 2009). Construction started later.  2) date of registry (April 2012) 3) date of possession (August 2012). Ramesh Tiwari