| Capital Gains Calculator
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Short Term Capital Gains:
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A short term Capital Asset is that which is held by an assessee for LESS than 36 months immediately preceding the date of its transfer.
However, in case of equity / preference shares in a company/units of UTI/debentures etc, if they are held for LESS than 12 months are treated as short term capital assets.
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Long Term Capital Gains: |
A capital asset, which is held by an assessee for more than 36 months (12 months for equity / preference shares in a company/units of UTI/debentures etc) is long term Capital Asset.
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