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Discussion > Income Tax > Others >

Treatment of capital gain

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cs

[ Scorecard : 115]
Posted On 15 June 2012 at 11:42 Report Abuse

when depreciable assets used by elecricity generating co n than asset it sold above the cost of asset whether there will be long term cap gain with indexation or short term????????????????



SUVAJIT SAHU
STUDENT

[ Scorecard : 544]
Posted On 15 June 2012 at 12:42

hi shruti ..........

It would be a Short term capital gain u/s 50A.

Sale price - actual cost of asset= STCG




Neelam
Student CA Final,

[ Scorecard : 112]
Posted On 15 June 2012 at 13:10

its short term capital gain

 



CA Mukesh Jain S
Chartered Accountant in Practice

[ Scorecard : 530]
Posted On 15 June 2012 at 19:10

Yes it is short term capital Gain



praveen
Chartered Accountant

[ Scorecard : 4858]
Posted On 15 June 2012 at 19:23

agreed STCG......



abhishek vats
student ( future ca)

[ Scorecard : 287]
Posted On 16 June 2012 at 01:00

short term capital gain, depriciable assets per indexation nahi lagta



CA ADITYA SHARMA
CA IN PRACTICE

[ Scorecard : 16259]
Posted On 16 June 2012 at 08:08

it will be short term capital gain            



Vishal Agarwal
Article

[ Scorecard : 57]
Posted On 16 June 2012 at 15:36

It will be STCG without indexation.



VIKASH KUMAR JAIN
-

[ Scorecard : 21]
Posted On 17 June 2012 at 10:27

STCG, if whole of the block does not exist.

 


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