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Holding Period of House Starts from Date of Allotment, Not Registration: ITAT - (08 Apr 2019)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that date of allotment of a house shall be treated as the date of acquisition and holding period will be counted from date of allotment and not from the date of registration.

Tags : ITAT   DATE OF ALLOTMENT   HOLDING PERIOD  

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