Capital gain tax

how to calculate it?
Replies (2)

Pls elaborate and provide nature of asset sold, joint ownership, purchase date and amount, sale date and amount, whether amount invested in residential house, REC bonds, capital gains account scheme etc.

Sale Consideration                               =          xxx

Less: Expenses on transfer                   =          xxx

Net sale consideration (a)                     =          xxx 

Less: Indexed Cost of aquisition           =          xxx 

Long term Capital gain (b)                    =          xxx 

Less: Exemptions (c)                              =          xxx

Capital gain chargeable to tax (b-c)      =          xxx

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