{"id":35122,"date":"2023-07-24T08:27:34","date_gmt":"2023-07-24T02:57:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=35122"},"modified":"2023-07-26T15:19:18","modified_gmt":"2023-07-26T09:49:18","slug":"capital-gain-on-ltcg","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/capital-gain-on-ltcg\/","title":{"rendered":"capital Gain on LTCG"},"content":{"rendered":"<p>Question:<\/p>\n<p>when capital asset converted into stock in trade tax implication on gain.<\/p>\n<p>understand a point of capital asset converted into stock in trade tax calculation , also here two heads tax implies one is business income and second is capital gain .<br \/>\nfor business income the tax is accordance with slab rate when the actually stock in trade sold, and in other hand capital gain arise after indexation benefit.<\/p>\n<p>here one question arise would i eligible for exemption for capital gain if i invested such money U\/S 54,54F,54EC etc within 6 month from actual sale of such stock in trade.<\/p>\n<p>clarify my doubt sir ASAP.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[368,24,614],"class_list":["post-35122","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-capital-gain","qa_tag-capital-gains","qa_tag-stock-in-trade"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/35122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=35122"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35122"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=35122"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=35122"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=35122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}