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Capital gains

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(Querist)
22 December 2013 Can anyone give an example of relinquishment and extinguishment of asset which is chargeable to capital Gains?
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CA Kedar Sakhardande

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CA Kedar Sakhardande (Expert)
23 December 2013 Suppose an insured property is damaged due to fire/ flood and insurance claim is received then it will be subject to capital gain
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