Please Help: Income Tax
Posted Date : 20-Nov-2012 , 10:53:32 am | Posted By Ravi Sanguri
why as Per Income Tax Profit on Depreciable asset is always treated as Short term Capital Gain..while its life may be more than 36 Months
Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 135
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vipul jadhav
18-Dec-2012 , 08:15:07 pmSince the depreciation on the asset has already been claimed periodically by the assessee.