Capital gain
Subhash Singla (1 Points)
27 February 2017Subhash Singla (1 Points)
27 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 27 February 2017
Date of possession letter or Registered agreement for sale?
Anthony Fedor
(2 Points)
Replied 03 March 2017
I had heard about that Capital gain is an increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes.