Yahoo India Web Search

Sign In

Search results

    • Capital Gains: Definition, Rules, Taxes, and Asset Types
      • A capital gain is the increase in a capital asset's value and is realized when the asset is sold. They may apply to any type of asset, including investments and those purchased for personal use. The gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes.
      www.investopedia.com/terms/c/capitalgain.asp

      Capital Gains: Definition, Rules, Taxes, and Asset Types

  2. People also ask

  3. testbook.com › question-answer › under-which-of-theUnder which of the following circumstances may 'capital gains ...

    Sep 13, 2024 · Under which of the following circumstances may 'capital gains' arise? 1. When there is an increase in the sells of a product. 2. When there is a natural increase in the value of the property. 3. When you purchase a painting and there is a growth in its value due to an increase in its popularity.

  4. www.indiafilings.com › learn › capital-gains-taxCapital Gains Tax in India: A Detailed Guide - IndiaFilings

    Aug 21, 2024 · Short-Term Capital Gains arise when a capital asset is sold within a short period of time, typically less than 36 months from the date of acquisition. For certain assets like equity shares and mutual funds, the holding period is reduced to 12 months.

  5. Videos

    View all

  6. taxguru.in › income-tax › capital-gainCapital Gain – All you want to know - Tax Guru

    • Chargeability: Capital gains shall be chargeable to tax if following conditions are satisfied: a) There should be a capital asset. In other words, the asset transferred should be a capital asset on the date of transfer;
    • Meaning of Capital Asset [Sec 2(14)] Capital Asset is defined to include: a) Any kind of property held by an assessee, whether or not connected with business or profession of the assessee.
    • Type of Capital Assets. A. Short Term Capital Asset. Capital asset held for not more than 36 months immediately prior to the date of transfer shall be deemed as short-term capital asset.
    • Period of Holding. The period of holding shall be determined as follows: Different situations. How to calculate the period of holding. Shares held in a company in liquidation.

  7. economictimes.indiatimes.com › wealth › taxNew capital gains tax regime after Budget 2024: STCG, LTCG ...

    Jul 24, 2024 · Synopsis. Budget 2024 changes capital gains tax with two holding periods, impacting investments like stocks, real estate, and mutual funds. Listed assets like equity have a 12-month window, while others have 24 months. Tax rates have also changed depending on holding period.

  8. taxguru.in › income-tax › capital-gains-under-incomeCapital gains under Income Tax Act 1961 - Tax Guru

    Oct 9, 2020 · The Capital Gains have been divided in two parts under Income Tax Act 1961. One is short term capital gain and other is long term capital gain.

  9. cleartax.in › s › capital-gains-incomeWhat is Capital Gains Tax In India: Types, Tax Rates ...

    Sep 13, 2024 · Capital Gains Tax: Any profit or gain that arises from the sale of a ‘capital asset’ is a capital gain. This gain is charged to tax in the year in which the transfer of the capital asset takes place. Know about LTCG and STCG assets, calculation, exemption & how to save tax on agricultural land.

  10. taxguru.in › income-tax › taxation-capital-gainsTaxation of Capital Gain in India – FAQs - Tax Guru

    Aug 27, 2024 · Learn what constitutes capital gains, how they are taxed, the types of capital assets, and distinctions between short-term and long-term capital gains in India.