Hey friend,
Let me tell you that capital gain is any revenue or gain that results from the selling of a “capital asset.” Due to the fact that this gain or profit falls under the category of “income,” you must pay tax on it in the year that the capital asset is transferred. In simple words, capital gain can be defined as any profit that is received through the sale of a capital asset. It is paid by the seller( the person who has made profit).
Learn more about capital gains tax and the ways to pay it with the help of the legal experts of NoBroker.
Read more:
How to Calculate Capital Gains Tax?
How is capital gains tax calculated on sale of property?
How to calculate long term capital gain on property?
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Capital gains tax
L.Prakasarao
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3 Year
2022-11-29T11:11:41+00:00 2022-11-30T18:16:17+00:00Comment
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