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Capital Gains
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This topic is a part of the broader topic called Taxation.
Capital Gains are gains that are obtained when a capital asset is being sold / redeemed.
Different type of capital assets will have different type of taxation treatment.
Capital Gains can be Long Term or Short Term depending on the period of holding of the capital asset.
Can STCG or LTCG from Mutuals be negated with loss from shares for a fiscal at the time of tax payment?
Yes. Provided they are Equity-oriented mutual funds.
The provision is called Offsetting.
For the purpose of income-tax, both Equity shares and Equity mutual funds are treated same.
Related Lessons
- Tax on Dividend Income
- Tax on Bonds
- Tax on Fixed Deposits
- Tax Deduction at Source (TDS)
- Filing Income Tax Returns
- Income-tax Return Forms or ITR Forms - Which form to use when?
- Income-tax Return Filing Due Dates
- Plan your tax payment and tax savings
- Saving tax under Section 80C
- Advance Tax - Who should pay? Due dates etc.
- Tax on receiving gifts
- Tax-free income
- Taxation and Estate Planning
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- Taxation