Taxation Law: Capital Gains Tax and Depreciation
VerifiedAdded on 2022/11/17
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AI Summary
This document discusses the capital gains tax and depreciation under taxation law. It covers topics such as sale of land, capital gain or loss from car, sale of business, capital gain for sale of furniture, and capital gains on sale of paintings. It also discusses the laws and issues related to claiming depreciation for the decline in value of assets purchased for taxable use in business.
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