Capital gains tax rates

Dear Swam, The information given by you is not complete. But still my view is as follows: 1. If you are not selling the whole block than there will be no long term or short term capital gain. The sale proceeds of the plant and machinery shall be deducted from the WDV of the block but the deduction cannot exceed WDV. 2. In case you are selling the whole block of assets than in case of depreciable assets there will always be short term capital gain. 3. Section 45 discusses the provisions of slump sale.