Capital Gain
This query is : Resolved
02 April 2010
Section 45 applies to Any gain or loss arising from the transfer of a capital asset..
If there is no gain or loss arising out of transfer of capital assets then capital gain
head will attract or not ?
If there is no gain or loss arising out of transfer of capital assets then capital gain
head will attract or not ?
02 April 2010
Section 45 applies to Any profits or gains arising from the transfer of a capital asset.
So the key word here is transfer and not gain or loss
So the key word here is transfer and not gain or loss
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