Capital gain
Querist : Anonymous
Sale Price 12,00,000
Less: Indexed Cost of Acquisition
1,50,000*632/100 = Rs. 9,48,000
Capital Gain 2,52,000
Less: Exemption u/s 54 2,50,000
Taxable Capital Gain 2,000
Sale Price 12,00,000
Less: Indexed Cost of Acquisition
1,50,000*632/100 = Rs. 9,48,000
Capital Gain 2,52,000
Less: Exemption u/s 54 2,50,000
Taxable Capital Gain 2,000
since the LTCG was in the Year 2010-11
Ltcg would be Rs.2000
if it is for AY 2010-11
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- BIS Certificates
- Free lancer income
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
