Land or building, or both, if transferred on or after 1st April, 2017 shall be treated as a long term capital asset, if it is being held immediately prior to the date of its transfer for more than :
CS Executive · Tax Laws and Practice · PYQS · June 2018
Land or building, or both, if transferred on or after 1st April, 2017 shall be treated as a long term capital asset, if it is being held immediately prior to the date of its transfer for more than :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax
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