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 :
A. 36 months
B. 12 months
C. 24 months
D. None of the above
Answer:C
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 :
A. 36 months B. 12 months C. 24 months D. None of the above