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This query is : Resolved
21 February 2014
plzz Sir,
What are Capital Gains?????
21 February 2014
it means when u transfer(sell,gift,relinqiush your capital rights in property) capital asset u get some money eg sell of residential property..
so cost of acquiring it is (-)from sale value the net amount is capital gain.
so cost of acquiring it is (-)from sale value the net amount is capital gain.
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