Taxability of capital gains – STCG OR LTCG – Section 2(42A) of ...

Capital Gains Classification: Focus on Asset "Held" Period, Not "Owned," Under Income Tax Act Section 2(42A).

March 15, 2014

Case Laws Income Tax HC

Taxability of capital gains – STCG OR LTCG – Section 2(42A) of the Act only uses the term “held” and not “owned”, thus indicating that a capital asset need not only refer to full title over any property - HC

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Taxability of capital gains – STCG OR LTCG – Section 2(42A) of ...

Capital Gains Classification: Focus on Asset "Held" Period, Not "Owned," Under Income Tax Act Section 2(42A).

March 15, 2014

Case Laws Income Tax HC

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