I have purchased under construction housing property (flat) on 31st December, 2014 (registration date ), Now i want to selll the said under construction flat (its still in under constrction) in Novemeber, 2017. So, what type of capital gain applied on the said transaction. whether this transaction will attract LTCG or STCG?
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Ltcg or stcg on under construction property
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it will attract LTCG since the said property has been held by you for a period exceeding 24 months
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