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Short term Capital gains

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11 Points Posted on 23 October 2019
How to save short term capital gains on depreciable asset? is there any section under which investment can be made?
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On 23 October 2019 at 22:03 Report
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Chartered Accountant
1996 Points Posted on 23 October 2019
No there is no section as such for depreciable asset
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On 23 October 2019 at 22:43
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17264 Points Posted on 23 October 2019
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 .
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On 23 October 2019 at 22:54
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11 Points Posted on 24 October 2019
Ok. thanks for replies.
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On 24 October 2019 at 06:46


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