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Depreciable fixed asset

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(Querist)
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?
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CA. Sunil Gokhale

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CA. Sunil Gokhale (Expert)
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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