What is the holding period in the case of land and building for the purpose of classifying the same as long-term capital asset?
CS Executive · Tax Laws · PYQS · June 2023
What is the holding period in the case of land and building for the purpose of classifying the same as long-term capital asset?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax Act, 1961
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