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Can I read Capital Gains Tax Under Income Tax Act on EtoBox?
Capital Gains Tax Under Income Tax Act by pardeepbth is a document available to read on EtoBox.
What is Capital Gains Tax Under Income Tax Act about?
Capital gains can be short-term or long-term depending on the holding period of the capital asset. Short-term capital gains are taxed at normal slab rates if from non-Section 111A assets, and at 10-15% if from Section 111A assets. Long-term capital gains are taxed at 20% after indexation or 10% without indexation for listed securities sold outside stock exchanges. The document provides details on calculating capital gains in various scenarios including partnership transfers and dissolution.
- Author
- pardeepbth
- Language
- EN