Long term capital gain tax calculation

Hi,

Kindly confirm what would be the LTCG tax in the below scenario.

Amount invested : 10 Lacs

Date of investment: 4 lump sum investments in  2018 in different months. 

Holding period : 5 years

Value of MF units after 5 years : 20 Lacs (10 Lac invested + 10 Lac Gain)

Redemption/Sale Amount : 10 Lacs

What will be the tax in this scenario?

My understanding is since sale amount and purchase amount are same the LTCG tax is nil. 

Is my understanding correct?.

Replies (1)
Long term capital gain tax calculation is very easy.
full value as per consideration
less: cost of acquisition
add improvement any other cost
long term capital gains
tax on long term capital gains.

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