Easy Office
Easy Office

Capital gain on depreciable capital assset

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 July 2012
can indexation is applicable on short term capital gain arising from sale of vehicle u/s section 50.

please advice.
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
17 July 2012 Indexation will not apply for short term capital gain and also section.50 deals with Special provision for computation of capital gains in case of depreciable assets
Profile Image

naresh

Profile Image

naresh (Expert)
16 August 2012 No Indexation benefit is available
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links