dear sir
in examble second priya purchase of property purchase in oct 2024 and sell in f y 2025 26 held less than 24 month but in this article you considred more than 24 month which is wrong
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Mistake under articles on impact of indexation for tax year 2026 27 on 22 may 2026
Replies (1)
Yes, Vinay's observation is correct. If the article classified this specific timeline (October 2024 purchase to FY 2025-26 sale) as a holding period of more than 24 months, it is a technical error. The asset should be treated as a Short-Term Capital Asset, and the resulting gains would be taxed as Short-Term Capital Gains (STCG) according to the applicable slab rates, without the benefit of indexation or the flat LTCG concessional rates.
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