Capital Gains Taxation – Key Concepts
Capital Gains Taxation – Key Concepts Applicability: Capital Gains Tax applies on the transfer of a capital asset. Types of Capital Assets: Long-Term Capital Asset (LTCA) & Short-Term Capital Asset (STCA) Holding Period to Determine LTCG or STCG Category Type of Capital Asset Before 23/07/2024 On/After 23/07/2024 A i) Listed securities, units of UTI, equity …