Inherited Property Gains Are LTCG: Include Previous Owner's Holding Period for Indexation and Section 54EC Benefits.

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....LTCG - inherited property - the holding period of previous owner was includible in the assessee’s holding period. This being the case, we have no hesitation in holding that the nature of impugned gains was Long Term in nature and therefore, the indexation benefit as well as benefit of Section 54EC was available to the assessee.....