https://www.taxtmi.com/manuals?id=927 Capital gains are chargeable when a capital asset exists, a transfer occurs, and profit or gain arises, subject to specified statutory exemptions. As a general rule, capital gains are taxed in the year of transfer, but special timing provisions apply to insurance compensation, ULIP receipts, conversion into stock-in-trade, compulsory acquisition, approved transfer arrangements, and repurchase of eligible savings units. en-us Tue, 25 Aug 2015 14:31:00 +0530 Mon, 01 Jun 2026 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=927 Capital gains are chargeable when a capital asset exists, a transfer occurs, and profit or gain arises, subject to specified statutory exemptions. As a general rule, capital gains are taxed in the year of transfer, but special timing provisions apply to insurance compensation, ULIP receipts, conversion into stock-in-trade, compulsory acquisition, approved transfer arrangements, and repurchase of eligible savings units. Manuals Income Tax Tue, 25 Aug 2015 14:31:00 +0530 https://www.taxtmi.com/manuals?id=927