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Short term Capital gains
How to save short term capital gains on depreciable asset? is there any section under which investment can be made?
Replies (3)
No there is no section as such for depreciable asset
STCG on depreciable asset arises on that asset block becoming Nil.
You can during the year purchase any asset falling in that block then there will be no deemed STCG .
You can during the year purchase any asset falling in that block then there will be no deemed STCG .
Ok. thanks for replies.
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