created by
Rajesh Dhruva
CAPITAL GAINS » CAPITAL GAINS
CAPITAL GAINS
As the name suggests capital gains are profits arising upon sale of capital assets such as shares, securities, immovable properties etc.
The subject is defined as under:
Long Term Capital Gains of Immovable Property & Other Assets other than Residential House, Shares & Mutual Funds
Short Term Capital Gains from Immovable Property/ Other Assets.
Exemption of Long Term Capital gains invested in Capital gains bonds
Short Term Capital Gains from Immovable Property/ Other Assets.
Long Term Capital Gain of Specified Assets
Exemption of Long Term Capital gains of other Assets upon investment in Residential PropertyExemption of Long Term Capital gains invested in Capital gains bonds