Time Period for Long Term Asset?

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Like you have said in Taxation of Capital Gain From Property Sale that property purchased before 1 year will have indexation benefit and gain will be added to Taxable Income, so time period of 3 year is replaced by 1 year in DTC?

1 Answers

The DTC is still a Bill and not yet passed by the Parliament... Many more changes are expected in DTC and it would be clear only once it is implemented...

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