computation of st cap gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2010
is short term capital gain computed on actual sale value or value as per D.M.Circle rate as on date
14 January 2010
Sale value is taken as the price received for the sale of any asset at the time of sale or the date of sale, i am unable to understand what is DM circle rate?
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2010
DM circle rate is value on which stamp duty is paid.For LTCG computation this value is taken as sale price.Is it same for STCG too.
15 January 2010
yes it is the same for any sale of aset whether short term or long term....
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