Search results with tag "Gains arising"

TAX ON SHORT-TERM CAPITAL GAINS

Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”. Meaning of Capital Asset Capital asset is defined to include: (a) Any kind of property held by an assesse, whether or not connected with business or

  Capital, Gain, Raising, Capital gains, Gains arising