Period of holding

Dear Sir

Period of Holding Shall be counted from the date of Purchase of Stock (example Flat or Land) to date of Transfer.

Example:-

Date of Stock Purchased - 10/10/2012

Date of Conversation       - 10/10/2015

As per section 47 of Income tax act 1961 the conversation of stock in trade to Capital Asset shal be treated as Transfer.

And As per section 45 of Income tax Act 1961 you will be liable for capital gain on the date of Tranfer.