Capital gains

Q.  Which of the following fall under Capital gains?

1) Sale of Property
2) Sale of shares/stocks
3) Sale of Bonds
- Published on 10 May 16

a. 1
b. 1, 3
c. 1, 2
d. All of the above

ANSWER: All of the above
 
  • A capital gain is a profit that results from a sale of a capital asset, such as stock, bond or real estate, where the sale price exceeds the purchase price.
  • Capital gains may refer to "investment income" that arises in relation to real assets, such as property; financial assets, such as shares/stocks or bonds; and intangible assets.

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