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Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     19 August 2009

Capital gains

Miss. Shruthi,

Sec. 2(42A). " Short-term capital asset" means a capital asset held by an assessee for not more than thirty six months immediately preceiding the date of its trnafer. (subject to certain restrictions as mentioned in Sec.2 (42A)



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