Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

When will capital gain araises?

Answer Posted / maka narendrakumar

When an asset sold for higher rate than the book value capital gain arises.
Capital gain= Sale value-book value
Capital gains are two types--> Long term capital gains(LTCG) and Short term capital gains (STCG)
LTCG arises when the asset sold after 3 years from the purchase date, Before 3 years STCG. Capital gains arises from all the depreciable assets are STCG

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it

2270


is a pvt ltd. comp. can give advance against salary to his director.

1999


F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?

2018


Hellow this is ravindra wanted to know about excise duty rates pls suggest

1976


how to get input credit in vat & service tax

2673


we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply

2084


what is the objective of business taxation in private company?

2480


What is Vat and how it is adjustable with input vat and what return form required for DVAT?

2459


WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?

1865


What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.

1826


what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom

2200


Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.

3151


i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

2153


i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.

2096


how to caluclate the central exicse duty? how to implemting in to tally ERP9?

2044