Block of asset
This query is : Resolved
03 August 2013
Dear sir,
Please tell me if value of my block of asset is not nil and there is sale of an asset and capital gain is there.is there any need to chaRGE TAX ON CAPITAL GAIN.
Please tell me if value of my block of asset is not nil and there is sale of an asset and capital gain is there.is there any need to chaRGE TAX ON CAPITAL GAIN.
03 August 2013
The Capital Gain will be Short Term CG.
.
No special rates will apply.
.
Include with other head income like business income etc. and apply normal rate.
.
No special rates will apply.
.
Include with other head income like business income etc. and apply normal rate.
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