What is capital gains?
- 2 Answers
- 7368 Views
- Brigade, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vinay & ibbu
capital gain means If we sale our Fixed Assets like
Machinary & Builidings from that if we get profits then it
is capital ganin. Simply we can say that whare incomes
comes from fixed assets. that is called capital gain.
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / ma10kumar
Capital gains are our profits out of sale of fixed assets.
We call this as capital gains because these gains do not
result because of our business (in which case we could have
called it as Profit). We earned the gain because we have
purchased them through Capital. Thus the only contributor
to the gain is Capital. Therefore, it is called as capital
gains.
Moreover, adding these kind of gains with the acutal
business profit will dilute the real picture of how did the
organization perform. Therefore, the profit from the sale
of fixed asset should be separated from actual business
profit and put under account head "Capital Gains".
- Ma10kumar, Chennai
| Is This Answer Correct ? | 4 Yes | 0 No |
what is the difference between accounts manager and finance manager?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
Eleven lakh eleven thousand eleven hundred eleven writing in number
Expand ________DMT
why the loss by fire taking in to the credit side of the trading a/c.instead of this is company's loss?
After closing the financial year i.e. 31st march., you have received a teliphone bill on dated 1st april ( And the bill was for the month of 1 mar to 31st march i.e closing year's last month)what treatment you will do in current financial year and closing financial year.
Expand------BIFR
what are different types of invoice?
9 Answers Eastern Medikit, WNS,
What is SOX
Expand SOIT
Expand ________FCD
wat s brs?
Audit 
