Pune is a lovely city that walks on a thin line between modernization and rich cultural heritage, a perfect mix of both. Every year, the city is subjected to a significant influx of people. People from all over the country have many reasons to shift entirely to Pune. Work, higher education, medical treatment, or just […]
Tag: Possession
Understanding Capital Gains before Possession
Capital gain at its essence is an increase in a capital assets’ original value. Only when a sale takes place for the transfer of ownership of properties, capital gains tax will be applicable. Capital assets include land, building, vehicles, patents, trademarks, machinery, stock investments etc. Capital gains is particularly covered under the definition of income, […]