Treatment of capital gain

Others 1440 views 8 replies

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????????????????

Replies (8)

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.

 


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