For Shares Buy/Sell:-
Category - Long Term Capital Gains
Net Sales Value - INR 24195.84
Net Purchase Value - INR 13747.85
Excempt Income - INR 10448
In Schedule EI ---- "Long Term Capital Gains from transactions" should be INR 10448 or INR 1048
How is it calculated? This is the final step for me. Please reply at earliest.
10448........
Can I claim indexation benefit also as 2 shares were sold after 12 months in next financial year?
No need of indexation when whole amount is tax-exempt.......
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
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Anupam Parashar & Co.
Ghaziabad
CA Final
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