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![Depreciable Assets held for more than 36 months do not lose its Character of being a Long Term Capital Asset even though Sec 50 is applied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Depreciable Assets held for more than 36 months do not lose its Character of being a Long Term Capital Asset even though Sec 50 is applied: ITAT [Read Order]")
Depreciable Assets held for more than 36 months do not lose its Character of being a Long Term Capital Asset even though Sec 50 is applied: ITAT [Read Order]
The Kolkata bench of ITAT recently announced that the depreciable assets which had been held for more than 36 months prior to its sale, does not lose...
