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Capital Gains

Sir/ma'am The indexation benefit is not given to the depreciable assets as the depreciation is given as benefits for tax deduction. Then can we say that it will be taken as a short term capital gains and charged accordingly


aman kawad

aman kawad

CA Inter

7K+

28-Jun-20

86

Answers (1)

Yes. You are absolutely right. Assets for which Depreciation is charged are taxed as STCG


Sriram Somayajula

Sriram Somayajula

Admin

28-Jun-20

50K forums
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