Capital Gain - Law Dictionary Search Results
Capital gains
Matched in: Term Capital gains
long-term capital gain
Matched in: Term long-term capital gain
short-term capital gain
Matched in: Term short-term capital gain
Keep your definitions linked to case research
capital gain
Matched in: Term capital gain
capital gains tax
Matched in: Term capital gains tax
income
income : a gain or recurrent benefit usually measured in money that derives from capital or labor ;also : the amount of such gain received in a period of time [an of $20,000
gain
Matched in: Term gain
Main Pot
condemnations of depreciable or real property used in a business for more than one year; and condemnations of capital assets held for more than one year in connection with a trade or business or transaction entered into … section 1231 in which all qualified transactions are netted to determine if the result is a loss or gain called also Big Pot Hodge Podge hotchpot; compare casualty pot NOTE: The transactions netted in the Main Pot
Income
a wide and comprehensive connotation to embrace within it every kind of receipt or gain either of a capital nature or of a revenue nature, Elel Hotels and Investments Ltd. v. Union of India, AIR 1990 SC
loss
loss 1 : physical, emotional, or esp. economic harm or damage sustained: as a : decrease in value, capital, or amount compare gain b : an amount by which the cost of something (as goods or services)
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