Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Method of Computation - (Sec 48)

Income Tax - Capital Gains - 06 - SEC 48: METHOD OF COMPUTATION OF CAPITAL GAINS Computation of capital gain depends upon the nature of capital asset transferred i.e. short term capital asset or long term capital asset. The tax incidence is higher in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of improvement From gross short term capital gain deduct the exemption provided by sections 54B, 54D, 54G and 54GA. The balancing amount is Short Term Capital Gain. Computation of LONG TERM CAPITAL GAIN Full value of consideration Less: expenditure .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version