what is long term capital gains & short term capital gains ?
Answers were Sorted based on User's Feedback
Answer / sybin
Long term capital gain is the gain we get after 1
year.eg.IF WE buy the share of infoys and sell it only
after 1 year it is long term capital gain.and shorter
period within a year is short term capital gain
| Is This Answer Correct ? | 17 Yes | 3 No |
Answer / sanjay chadha
Long term capital gain is the gain at the time sale of an
asset held for long term(12 months in case of shares & MF
and 36 months in case of other assets). The gain on sale of
asset held for lesser period is known as short term capital gain
| Is This Answer Correct ? | 10 Yes | 3 No |
Answer / lalit
LONG TERM CAPITAL GAINS MEANS THE GAINS WHICH IS HELD
MINIMUM 12 MONTHS(IN CASE OF SHARES) 36 MONTH (OTHER
ASSET).
SHORT TERM CAPITAL GAIN MEANS THE GAINS WHICH IS HELD IN A
SMALL PERIOD I.E REVERSE OF LONG TERM CAPITAL GAIN.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / parveen kumar
=Capital gains are taxed differently depending on whether your investment is considered a long-term or a short-term investment.
The short-term holding period is one year or less. Short-term capital gains are taxed at ordinary income tax rates.
The long-term holding period is more than one year.
| Is This Answer Correct ? | 1 Yes | 0 No |
long term capital gain:
long term capitalasset are those which are held for more
than 36 months preceeding the date of transfer in case of
non financial asset like land,building etc
financial assets: in case of this the asset should held for
more than 12 months months preceeding the date of
transfer.it includes security,shares and bonds.
the gain which arises from this is called the long term
capital gain.
short term capital gain:
short term capital asset are those which is less than 36
months in case of non financial asset and less than 12
months in case of financial asset the gain which arises
from this is called short term cap gain
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / p. navaneetha krishnan
Long Term Capital Gain.
Gain on Sale of Assets / Shares, not less than 36 months
is called Long Term Capital Gain.
Short Term Capital Gain.
Gain on Sale of Assets / Shares, not greater than 36
months is called Short Term Capital Gain.
Capital Gain is Nothing But, Difference between a Sales
Amount - Purchase Amount of Asset like (Bulding / Shares /
Land)
| Is This Answer Correct ? | 1 Yes | 2 No |
long term capital gain for land, house, e.t.c the
minimum duration is three or more then three years
short term caital gain forland, house, e.t.c the
minimum duration is up to three years
but where as in securities
after 1year it will become long term capital asset
up to i year it will be treated as short term
| Is This Answer Correct ? | 2 Yes | 4 No |
Which permit form(way bill ) will be used for CST billing from Haryana
what is the last date to submitted of TDS and VAT And after due date what is the fine to be payable.
What is the present rate of T.D.S and what is the tax for person salary at present
8 Answers Accenture, Accounting, B Jain Publishers, College School Exams Tests, Monika Telecom Pipes, Net Edge, Wipro,
WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.
How to file the sales tax returns. I am new to this feild. pls help me.
And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax calculation in detailed?
Tell me the meaning of VAT (TDS) When it will be applicable? & rate of VAT TDS
6 Answers Gherzi Eastern, HCL,
what is exemption if tds? who & what get benefit of such exemption of tds?
This is related to stock transfer to branches ( Delhi & Bangalore ) for which my branches are not able to produce form 'F' agaisnt such branch transfer, than what is my tax liablity. This issue is pertaining to 2006-07, 2007-08 & 2008-09.
What are allowable and dis-allowable expenditure?
is there in india the rate of work contract are same in all states if now what are the statewise rate
WHO IS SEND C FORM & WHATS MENTIONED THERE