Capital Gain Calculation

By | 2018-08-08T08:59:07+00:00 June 29th, 2016|Categories: Capital Gains|Tags: , |

Capital Gain Calculation   CAPITAL GAINS are the profits earned on sale of capital assets. The profit earned is taxable in the hands of seller. Under section 45(1), if a capital asset is transferred by an assesse, then any profit or gain on such transfer is taxable as capital gain after the exemptions under sections 54, [...]

Saving Tax on Long Term Capital Gains

By | 2018-08-08T08:45:45+00:00 June 10th, 2016|Categories: Capital Gains|Tags: , , , , |

Understanding Long-Term Capital Gains Before planning to sell a property it is important to plan your capital gains. Short Term Capital Gains (STCG) and Long Term Capital Gains (LTGC) are two important terms that you need to know before computing the net tax liability. When you sale/transfer assets like property, jewels etc. within three years of its own [...]