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