capital gains tagged posts

Cost Inflation Index (For Capital Gains)

Category: Stock & SecuritiesTagsTax Planning Comments: No comments

In case of capital gains when long term capital gain is to be computed, then, indexation comes into picture to compute the indexed cost of asset as well as indexed cost of improvement. Indexation is not possible without a predefined index. Indexation is necessary to compute the present value of asset as on the date or year in which the asset is sold as compared to the year in which it is purchased...

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Deductions Under Head Capital Gain

Category: InvestmentsTax Planning Comments: No comments

Deductions Under Head Capital Gain

Meaning of Capital Gain has already been explained in one of the previous articles on this site, now we come to a part where deductions available under this head is dealt with. Deductions as we all know is a sum which is reduced from the amount of tax or taxable amount, in order to provide a benefit or relief to the assessee on whom the tax or taxable amount is computed. Deductions under head Capital Gain are all related to long term gains and not short term gains...

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