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capital gain

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23 March 2017 profit on sale of investment rs 5000. the company doesn't deals with investment. this is a STCG OR LTCG which one is right.

23 March 2017 It depends on how long investments were held.

As per the Income Tax laws of India, if an investor holds an immovable asset for less than 36 months before selling it, it would be considered a short-term capital gain. But this is not applicable to stocks and bonds. Stocks, shares and bonds are faster-moving compared to real estate. Because of this, if they are held for 12 months or less before sale, they fall under short-term capital gains. However, this rule is applicable only to securities which are listed and traded on the stock exchange. If you are trading in unlisted or over-the-counter securities, then the 36-month rule applies.

22 April 2017 sir but no information about how long investment were held




24 October 2021 Go for STCG .............



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