Capital Gains – Movable and Immovable Property

• September 19, 2019
• CA Chandan Agarwal's Office

In the today scenario, you must have noticed, every one is thinking/taking about buying and selling the asset. But the question arises that, ‘Is every transaction of sale or purchase are taxable and exigible for Capital Gain Tax’. Hence, as a common person by listening the word Tax first question comes to in the mind that how to minimize the Tax through the Legal provision.

So first we need to under-stand the, “what is capital Asset” as per Income Tax, on which Government can ask and compel for Tax requisition.

Read more on: https://taxguru.in/income-tax/capital-gain-movable-immovable-property.html