Short Term Capital Gain is classified into two categories: Short-term capital gains covered under section 111A and Short-term capital gains not covered under section 111A. Also Read : Computation of Short-term capital gains not covered under section 111A. Read more…
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CAPITAL GAIN Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. Income from capital gains is classified as: Short Term Capital Gains and Long Term Capital Gains. The taxability of Read more…