Date of Allotment is relevant for purpose of Computing holding period, not Date of Registration: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the date of allotment is relevant for the purpose of computing holding period for the purpose of determining capital gain under the provisions of the Income Tax Act, 1961. In the instant case, the assessee was asked to explain the computation of […]
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