What do you understand by the Term Capital Gains Used in
the Income Tax Act ? What are the rules regarding exemption
of Capital Gains ?
- 1 Answers
- 3468 Views
- I also Faced
- E-Mail Answers
Answer / raghavendrabellambary
A capital gain is a profit that results from a disposition
of a capital asset, such as stock, bond or real estate,
where the amount realized on the disposition exceeds the
purchase price. The gain is the difference between a higher
selling price and a lower purchase price. Conversely, a
capital loss arises if the proceeds from the sale of a
capital asset are less than the purchase price.
| Is This Answer Correct ? | 2 Yes | 0 No |
am attend to bank exam(iob)pls send model questions
0 Answers Indian Overseas Bank,
Where is we show Discount Received in which head?
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
Why we do show Closing Stock in under Trial Balance & not in Trial Balance
What cost-cutting measures have you implemented?
How to value fixed interest stocks, at year-end?
what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?
wHAT IS THE DISTINCTION BETWEEN TRADE DISCOUNT AND CASH DISCOUNT
What is equity? and how it is calculated?
What do you mean by "Goods in Transit:
what is interest on capital
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
Audit 
