https://www.taxtmi.com/manuals?id=4639 The definition of capital asset treats property of any kind held by an assessee as a capital asset, includes securities held by foreign institutional investors and certain unit linked insurance policies, and sets out exclusions: stock-in-trade and business inventories, personal effects (with jewellery and specified works of art excluded from that exclusion), agricultural land subject to municipal and aerial-distance criteria, and specified government-issued gold and bearer instruments. en-us Tue, 20 Aug 2024 17:37:00 +0530 Fri, 04 Apr 2025 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4639 The definition of capital asset treats property of any kind held by an assessee as a capital asset, includes securities held by foreign institutional investors and certain unit linked insurance policies, and sets out exclusions: stock-in-trade and business inventories, personal effects (with jewellery and specified works of art excluded from that exclusion), agricultural land subject to municipal and aerial-distance criteria, and specified government-issued gold and bearer instruments. Manuals Income Tax Tue, 20 Aug 2024 17:37:00 +0530 https://www.taxtmi.com/manuals?id=4639