How tax is calculate on Capital Gains Income

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Hello!

I'am new to this forum i have some questions please clear my doubts

 

 

I have viewed this example https://cleartax.in/s/capital-gains-income

 

 


If we brought any item 5 lakhs and we sold  for 10 lakhs and for example fees is 1 lakh( fees is not correct but taken as example)

and it is less then 3 years and how it is calculated....? i mean how much tax we should pay.....?

 

How much percentage we should pay like 10% or 15%.

 

When Tax is applicable on capital gains i mean for example like above 4 lakhs or 3 lakhs or .....?

 

 

Thanks!

 

 

 

 

 

 

 

 

Replies (5)

query not clear !!

please elaborate

nature of capital assets , POH and transaction in proper way .  

Sir meet with CA or otherwise disclose all material information with this regard

Nature of capital assets is bitcoins long term gains....

Any item means


is it a capital asset....

Should i disclose my bitcoin holdings in itr or should i disclose only when i sold those bitcoins and earned profits so that i can pay the long term capital gains right or should i also disclose every year the bitcoins holdings.....? Thanks!

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