The Assets you own, including such items as stocks, bonds, or real estate, are commonly termed as capital assets. By definition, a capital asset includes. Any type of property owned by an assessee, regardless of whether it is related to their business or line of work.
Any securities held by a FII that has the invested in them in compliance with the SEBI Act of 1992 regulations. The two types of capital assets are LTCAs (Long-Term Capital Assets) and STCAs (Short-Term Capital Asset). The Assets held for a lengthier time than the recommended holding term are referred to as LTCAs.
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