when depreciable assets used by elecricity generating co n than asset it sold above the cost of asset whether there will be long term cap gain with indexation or short term????????????????
when depreciable assets used by elecricity generating co n than asset it sold above the cost of asset whether there will be long term cap gain with indexation or short term????????????????
hi shruti ..........
It would be a Short term capital gain u/s 50A.
Sale price - actual cost of asset= STCG
its short term capital gain
Yes it is short term capital Gain
agreed STCG......
short term capital gain, depriciable assets per indexation nahi lagta
it will be short term capital gain
It will be STCG without indexation.
STCG, if whole of the block does not exist.
SSGS and Associates
Chennai
CA Inter
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
CAclubindia
