Depreciable fixed asset

This query is : Resolved 

10 June 2015 if depreciable fixed asset is sold then gain will b deemed as STCG as per section 50. But at what rate that STCG will be taxable?

12 June 2015 As per normal rates applicable to the assessee. e.g. individual as per slabs, firm flat 30%, company flat 30%, etc.



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