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Transcript

Is Capital Gain Applicable on all Assets? No, It is Applicable to Only Capital Assets What is a Capital Assets Sale of Business Assets Sale of Personal Assets like Land and Building Furniture Jewellery (Value of All these increase) What is not a Capital Assets Sale of Business Stock Sale of Other Personal Assets like Car TV Mobile (Value of All these Decrease)

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.