Capital gains applicable

99 views 1 replies
1.sales of car
2.sales of jewellery
3.sales of shares and mutual fund
4.sales of business assets
5.sales of agriculture land
6.sales of residential and commercial house propertys
7.sales of crypto currency.
8.sales of vacant land

question:
it assessee above mentioned all assets purchase and sale capital gains applicable in it act.
Replies (1)
1. Car - No, if used for personal purpose
2. Jewellery - Yes
3. Shares MF - Yes
4. Business asset - No, but it the block ceases to exist, STCG/STCL will arise
5. Agricultural Land - No
6/7/8. Properties, Shares, Land - Yes


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