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

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

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.

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.

Answer / sindujaramkumar

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

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)

Answer / ravindra

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

I got 3 houses in Hyderabd from which i am not getting any rent because In A house i occupied for my family, No.B was occupied by My father and C was occupied by my sister.I am putting Nil in the column mentioned for income from house property. Is it right or wrong pl let me know

2 Answers  

What do you mean by vat, vat registration total cost hydra bad in which places

0 Answers  

What dou mean by work contract?with example?

1 Answers   Reliance,

what is the difference between real expense and operating expense?

1 Answers  

If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

1 Answers  

"A" is a Registered Dealer of Maharastra State, "B" is a Registered Dealer of Gujrat state and agent of "A", "C" is a Registered Dealer of Gujrat State. "C" ordered "A" to sand goods of certain specification. "A" in his term issues good to "B" to make such goods in the specification desired by "C"."C" sands such goods to "A". "A" raises invoices to "C". Which type of Sale transactions occured in the situation.

2 Answers   Alfa Laval,

What is the SEZ formalties in cement Industry?

0 Answers   UltraTech,

i am work partnership firm in Uttrakhand. one of our branch established in haryana.and our branch give raw material to another parti in haryana.and same parti supply semifinished component to our branch(uttrakhand). mentain excise duty & c.s.t in bill.and we enter these bill in purchase A/c.instead of job work expenses. so question is that can we able to deduct T.D.S ON these bill.pls explain me in which section we deduct t.d.s. if not, why.

1 Answers  

what is tds and what is what is the current rate of tds on payment of contract and payment of professional charges

2 Answers  

Under what circumstances Deferred Tax Liability or Deferred Tax Assets entries to be passed ? or what is the advantage by passing the above entries ? How the above entries to be nullified / reversed ( with examples please )

2 Answers  

IS THERE ANY TDS APPLICABLE ON AMC OF AC MACHINE

1 Answers   Capital IQ,

Entry Tax paid for Car purchased Rs.800000 and this amount may adjust to VAt payable. Noted that we are filing vat return on the compound basis.

1 Answers