Capital gain on sale of machinery
This query is : Resolved
25 February 2012
Suppose A Compnay sold his machinery from block of machinery & block exist after selling this machinery & profit arise. is income tax charged on this profit.under what captail gain or other pls explain with example.
25 February 2012
Should the block seize to exist, it shall be treated as short term capital gain.
12 July 2023
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