Menu
Is sale of stock and other items are short term capital gain
is sale of stock and other items are short term capital gain
Replies (4)
Quick Summary
Stock in trade is not a capital asset , hence capital gain doesn't arise.
Sale of stock and other items is income from business.
Sale of stock and other items is income from business.
Sale of other items I. e fixed assets will be chargeable to tax as short term capital gain
Thanks
You are always welcome
Recent Topics :
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
Related Topics :
CAclubindia
