Time Period for Long Term Asset?

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?

asked Feb 10 '12 at 14:54 by CA Nikunj Gaggar 111

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...

answered Feb 10 '12 at 19:16 by CA Karan Batra 53216


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Asked: Feb 10 '12 at 14:54

Seen: 1,953 times

Last updated: Feb 10 '12 at 19:54