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Capital gains

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07 December 2009 Capital gains On the Sale of Deperciable asset(not Consisting of block of asset) is Short Term Capital Gain or long Term one??? kindly Advice??
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HUZAIFA HUSSAIN

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HUZAIFA HUSSAIN (Expert)
07 December 2009 Capital gain/loss on Depreciable assets are always considered as short term capital gain/loss.

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