How to compute short-term capital gain? - Tax India

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Thursday, February 22, 2018

How to compute short-term capital gain?

  How to compute short-term capital gain?
Short-term capital gain arising on account of transfer of short-term capital asset is computed as follows:

ParticularsRs.
Full value of consideration (i.e., Sales value of the asset)XXXXX
Less: Expenditure incurred wholly and exclusively in connection with transfer of capital asset (E.g., brokerage, commission, etc.)  

(XXXXX)
Net Sale ConsiderationXXXXX
Less: Cost of acquisition (i.e., the purchase price of the capital asset)(XXXXX)
Less: Cost of improvement (i.e., post purchase capital expenses incurred  on  addition/improvement to the capital asset)

(XXXXX)
Short-Term Capital GainXXXXX
​ 

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