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what is long term capital gains & short term capital gains ?
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Answer Posted / 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)
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