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KD. Saravanan, 44, a general manager with a private firm in Madurai, Tamil Nadu, always wanted to buy a house in his native village Gudiyatham, Vellore. He saw an opportunity when he got to know that State Bank of India was auctioning a house there. “The bank representatives approached...
sale date), on the type of assets such as property or Gold or stocks or equity Mutual Funds. Generally, the rules for classifying short and long-term capital gains are as follows. The image below shows the Short and Long Terms for different types of assets and thetableexplains it in ...
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