Rajen Gala

Capital Gain

CAPITAL GAIN TO KNOW CAPITAL GAINS LET US FIRST UNDERSTAND WHAT ARE CAPITAL ASSETS…? Capital Assets can be land, house property, building, trademark, leasehold rights, machinery, patents and jewellery. FOLLOWING THINGS ARE NOT INCLUDED IN CAPITAL ASSETS…, Agricultural land in a rural area in India. Stock on trade. Personal used items such as wearing apparels […]

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Nominee

Who is Nominee? As per law, a nominee is a trustee, not the owner of the assets. In other words, a nominee is only a caretaker of the assets. It Means The nominee will only hold assets as a trustee and will be legally bound to transfer the assets to the legal heirs. What is

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