what is long term capital gains & short term capital gains ?
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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 |
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