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TAX ON LONG-TERM CAPITAL GAINS

incometaxindia.gov.in

Income from capital gains is classified as “Short Term Capital Gains” and “Long Term Capital Gains”. In this part you can gain knowledge about the provisions relating to tax on Long Term Capital Gains. Meaning of Capital Gains Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax ...

  Terms, Capital, Gain, Long, Tax on long term capital gains, Capital gains, Term capital gains, Long term capital gains

TAX ON LONG-TERM CAPITAL GAINS - Income Tax …

www.incometaxindia.gov.in

[As amended by Finance Act, 2018] Illustration Mr. Raj is a salaried employee. In the month of April, 2017, he purchased a piece of land and sold the same in December, 2018.

  Month, Terms, Capital, Gain, Long, Tax on long term capital gains, Salaried

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