Tuesday, February 2, 2010

FIN623 GDB

 1.according to capital gain sec.37 buying and selling of vehicles and earning the profit after this process this profit is will not be treated as capital gain

2.section 37 of capital gain says that any disposal of asset rare precious things that keep hold and then sell it gaing profit will be treated as capital gain and included in the taxable income for tax deduction

hope will be help full dear if any other have more idea about plz send me for more precise calculation and explainations. thanks Allah Blessed you jamilbookcenter@yahoo.com


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