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What Are Not Capital Assets? [Solved]

Non-capital assets are equipment or other physical assets with an acquisition cost of $1,000 or more but less than $5,000 per unit and with a useful life greater than one year. The following Designated Non-Capital Assets (DNCAs) require an executed Employee Equipment Acknowledgment Form (EEAF): Laptops. Tablets.

Capital Gain Part 2 in Tamil | What are Capital and Non Capital Asset| Examples of Capital Assets

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What Are Capital Assets?

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Income Tax | Capital Gains | Part-2 | Capital Asset | Income Tax Act, 1961 |

In this video, we will understand the meaning of