Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

When will capital gain araises?

Answer Posted / maka narendrakumar

When an asset sold for higher rate than the book value capital gain arises.
Capital gain= Sale value-book value
Capital gains are two types--> Long term capital gains(LTCG) and Short term capital gains (STCG)
LTCG arises when the asset sold after 3 years from the purchase date, Before 3 years STCG. Capital gains arises from all the depreciable assets are STCG

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service

2228


Excise duty applicable for Handmade Production?

3488


is there any specific percentage related to lower tax deduction under tds

2216


when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com

2098


Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?

1968


i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income

1932


a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?

3988


what is the entry tax explain briefly?

2260


Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.

1649


WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX

4328


What is the procedures for withdrawing of form C?

2270


Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?

2062


The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.

2050


is a pvt ltd. comp. can give advance against salary to his director.

2018


What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric

2244