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Short term capital gain on property
my mother first sale property 10500000 and purchased 2 properties of 5500000 and 4700000 in Financial year 2018-2019. so should I calculate short term gain and on which percentage? please help
Replies (4)
Quick Summary
When you're mother purchase the property
from the date of purchase
Am asking that only which year is your purchase deed of the sold property
What's the date of purchase and date of sale of original asset? only then it can be decided whether the property sold is short term or long term capital asset?
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