Capital gain on depreciable capital assset
This query is : Resolved
17 July 2012
can indexation is applicable on short term capital gain arising from sale of vehicle u/s section 50.
please advice.
can indexation is applicable on short term capital gain arising from sale of vehicle u/s section 50.
please advice.
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
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