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Profit on sale of asset

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2012 Hi all,

when profit is made on sale of asset under what head we should tax it ?
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CA. Sunil Kumar

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CA. Sunil Kumar (Expert)
29 July 2012 Profit on Sales of Assets is cover under head "Capitan Gain".

It may be long term or short term
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SANYAM ARORA

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SANYAM ARORA (Expert)
29 July 2012 Under Capital Gain Head
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