State the period of holding for considering the shares in a private limited company to be treated as long-term capital asset.
CS Professional · Advanced Tax Laws and Practice · PYQS · June 2018
State the period of holding for considering the shares in a private limited company to be treated as long-term capital asset.
Answer & Explanation:
The period of holding of shares of a private limited company to be treated as Long Term Capital Assets is 24 Months.
Topics: Income Tax Act, 1961
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