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What is Short Term Capital Gain (STCG)?

April 26, 2017Business Capital Chennai gain India procedures short start-up term

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What is Short Term Capital Gain (STCG)?

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Short term capital gain is the gain arising from sale of short term capital asset. If an assessee holds any asset for 3 years or less before selling the same, then the asset will be termed as short term capital asset. However, if the asset held is shares or securities, then, if it is held for one year or less before its sale, such shares or securities will be termed as short term capital asset.