what is the defination of capital income?
Answers were Sorted based on User's Feedback
Answer / suresh.chepuri
Money Obtained for the sale of fixed Assets, Issue of Shares
and Debentures, it is shown in the Balance Sheet
Is This Answer Correct ? | 37 Yes | 3 No |
Capital income means income received from transactions
other than regular business transacitons. For eg: income
received from sale of fixed asset.
Is This Answer Correct ? | 34 Yes | 0 No |
Answer / khushbu agarwal
Capital income does not arises from ordinary resources. It's
arises from - Sale of assets, sale of shares, contingency gain
& many other irregular business transaction.Capital income
is big part of business income & chargeable high tax also.
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / tirumal reddy
The income which is earned on the capital which is incured
in the process business activity.example:income received
on sale an asset.which is also called long term income.
Is This Answer Correct ? | 6 Yes | 5 No |
Answer / harsh vardhan pandey
Capital Income Is the income received on selling the non trade goods.
Is This Answer Correct ? | 2 Yes | 3 No |
Answer / p.vamseekrishna
capital income means, income received from transactions,
capital incomes is big part of bussiness income. or other
than regular bussiness transaction.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / guest
capital income means income earned trought invested
additonal to company.
Is This Answer Correct ? | 1 Yes | 4 No |
Answer / ranjeet kumar
Capital income means income
received from transcation.
Is This Answer Correct ? | 3 Yes | 7 No |
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