Capital Gain Tax on Commercial property

what the are provisions with respect to capital gain Tax on sale of COMMERCIAL PROPERTY.. Are the same as applicable to residential property
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Quick Summary
This discussion clarifies the rules surrounding Capital Gains Tax (CGT) when selling commercial property. It explores whether the provisions differ from those for residential property and confirms that commercial property is indeed a capital asset. The key questions revolve around determining whether the gain from its sale is considered short-term or long-term.

Commercial property also defined under Capital Asset
So transfer of capital asset is a capital gain Short term or long term.
Thanks

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