We explain here when does capital gain become long term
When does capital gain become long term?
Updated: 04 Mar 2022, 08:58 AM IST
TL;DR.
Long term capital gain can draw income tax at a higher or lower rate against short term capital gain based on the category of asset class. Here we present numerous scenarios relating to tax treatment of capital gain
First Published: 03 Mar 2022, 10:43 PM IST