Category:
FAQs on Capital Gains
Short-term capital gain arising on account of transfer of short-term capital asset is computed as follows:
Particulars | Rs. |
Full value of consideration (i.e., Sales value of the asset) | XXXXX |
Less: Expenditure incurred wholly and exclusively in connection with transfer of capital asset (E.g., brokerage, commission, etc.) |
(XXXXX) |
Net Sale Consideration | XXXXX |
Less: Cost of acquisition (i.e., the purchase price of the capital asset) | (XXXXX) |
Less: Cost of improvement (i.e., post purchase capital expenses incurred on addition/improvement to the capital asset) |
(XXXXX) |
Short-Term Capital Gain | XXXXX |