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What is Long Term Capital Asset for Income Tax Purposes?

Looking to save tax, than long term asset helps you save a lot and we need to know that what is a long term capital asset and to make it simple we can state that same is an asset which is held for more than 36 months. Thus income from such type of assets is calculated under long term capital gain or loss as per the scenario and one can save a lot by tax planning.

Most Visited Stocks - Click to Visit Link

 
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