TAX ON LONG-TERM CAPITAL GAINS
Introduction Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. Income from capital gains is classified as “Short Term Capital Gains” and “Long Term Capital Gains”.
In this part you can gain knowledge about the provisions relating to tax on Long Term Capital Gains. Meaning of Capital Gains Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”.
http://www.incometaxindia.gov.in/Tutorials/15-%20LTCG.pdf
Introduction Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. Income from capital gains is classified as “Short Term Capital Gains” and “Long Term Capital Gains”.
In this part you can gain knowledge about the provisions relating to tax on Long Term Capital Gains. Meaning of Capital Gains Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”.
http://www.incometaxindia.gov.in/Tutorials/15-%20LTCG.pdf
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