Chp 9 Capital gain Flashcards
Capital gain
1.1 pg 154
Capital assets
1.2 pg 154
Business asset and personal asset
https://drive.google.com/file/d/1fkKcZdTR2FbwpXhADCAmW-zQ0oj5sfuJ/view?usp=drivesdk
https://drive.google.com/file/d/1fwnWO9VyZFnl9S6oFdOf2eNRyMEBLaE-/view?usp=drivesdk
Disposal of asset
Pg 154
Determination of cost of capital asset
https://drive.google.com/file/d/1g6E6kNSdV8G5-vp-zyJ9PJ4c6DvYO6oZ/view?usp=drivesdk
Pg 155
Deducation of capital loss
https://drive.google.com/file/d/1_P9X1wG7trkOuJzpCa9AGWFV9AcB00OT/view?usp=drivesdk
https://drive.google.com/file/d/1_RRGX6JKL78z3J72QeN5Y1mgzi6rKCpv/view?usp=drivesdk
Examples of capital assets
GOOD WILL
PATENT
COPY RIGHT
Modaraba certificates
Musharika certificate
Participation term certificate
Ptc vouchers
Term finance certificate
Shares
Capital assets not subject to condition of which are not capital assets
FA FSC PDM J
FOLIO
Antique
First day cover
Painting drawings
Medallion
Sculpture
Coin
Jewellery
Security means
U sim DvD
Unit of exchange trades fund
Shares of public company
Instrument of redeemed capital
Modaraba certificate
Debt security
Vouchers of ptc
Derivative products
Types of debt securities
Pg 157
https://drive.google.com/file/d/1eh2sAhFO6y3W_-Os0KnECwAId_-lJxXM/view?usp=drivesdk
Taxation on deemed income
Pg 156
https://drive.google.com/file/d/1eykcqdiarwgtLig9ZtT1152jjlTMZGfP/view?usp=drivesdk
https://drive.google.com/file/d/1ezX7ds0P8I0ld3HxnROHrbjrWSLbUQEd/view?usp=drivesdk
Numerical of capital gain
https://drive.google.com/file/d/1ezZE6caWGUU8N04LJ4_kyEqPnnWAodQi/view?usp=drivesdk
Gain on immovable property and securities
https://drive.google.com/file/d/1f43Ly7KU5Q-VZy3u7OEA1WsbfE9ee8fY/view?usp=drivesdk
https://drive.google.com/file/d/1fHdtyY6yHYvhcdL_VoTm9qAmDNFtVcQe/view?usp=drivesdk
Pg 157
Payment on disposal of capital gain
Pg 158
https://drive.google.com/file/d/1fHnHuMUbAZchZEFGkLFHIWJg8eT3O9rB/view?usp=drivesdk
