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





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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