Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits(Soban News)

An ITAT Surat ruling held that an NRI’s property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.

​An ITAT Surat ruling held that an NRI’s property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales. by Soban News (international And National News)