7 Replies
A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating.
meaining of cash wider or vast as compair to capital asset
cash is mode of exchange (currency ) require for every transaction
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 02 October 2017
Cash current Asset not on Fixed Asset
Ashwin Kumar
(1234 Points)
Replied 02 October 2017
Ashwin Kumar
(1234 Points)
Replied 02 October 2017
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 02 October 2017
@ Ashwin Kumar.,
Well said... Keep it up...
>>> GOOD LUCK <<<
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