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Long term capital gain calculation

sanjoy saha (Assistant Accountant) (77 Points)

24 June 2018

Can Anyone calculate the Long Term Capital Gain for me if i give all the Details. Please Help Me....

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shubham saxena` (Article ) (40 Points)
Replied 24 June 2018

yes please provide detail... surrely going to help you

rama krishnan (12234 Points)
Replied 24 June 2018

yes pls provide the following details
cost of purchase (if the purchase year is before 2001 then fmv as on 2001), year of purchase , sale consideration, date of sale, nature of property such as land building etc and if any property purchased out of sale consideration etc

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sanjoy saha (Assistant Accountant) (77 Points)
Replied 24 June 2018

I Attached all the Details with an Excel File Below. Please Check it out and Help me, reply me if u need anymore Details.

Attached File : 718263 20180624230350 book1.xlsx downloaded: 122 times

rama krishnan (12234 Points)
Replied 25 June 2018

the fmv of the inherited lands as on 01/04/2001 required to compute cost of acquisition

sanjoy saha (Assistant Accountant) (77 Points)
Replied 25 June 2018

The purchase amount of those inherrited property is not available in any Deed, What should i do now?

rama krishnan (12234 Points)
Replied 25 June 2018

no issues... you can obtain the fair market value of those land properties from the respective registrar office or may be in online, as on 2001

sanjoy saha (Assistant Accountant) (77 Points)
Replied 14 July 2018

Sir, I got The Cost of the land for 2001. Its was approx 8,00,000.00. I Attached all the details again in a Excel file, and please tell the fillup procedure of CG page of ITR - 2 with these details.

Attached File : 718263 20180714011231 718263 20180624230350 book1 1 .xlsx downloaded: 95 times