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?
Menu
Ltcg or stcg on under construction property
Replies (1)
it will attract LTCG since the said property has been held by you for a period exceeding 24 months
Recent Topics :
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
Related Topics :
CAclubindia
