Capital Gains
Calculation of Income under the Head ‘Capital Gains’ Under Section 45 top 55A.
Transfer of Capital Asset for Calculation of Capital Gain
Capital gain arises only when there is a Transfer of Capital Asset. If the capital asset is not transferred or...
![Computation of Capital Gains [Section 48]](https://incometaxmanagement.in/wp-content/uploads/2023/02/Computation-of-Capital-Gains-Section-48-350x250.jpg)
Computation of Capital Gains [Section 48]
Types of Capital Gains and a format for Computation of Capital Gains are described below: Capital gains are of two...
Section 55(2) – Cost of Acquisition of Capital Asset for Computing Capital Gain
As per Section 55(2), Cost of acquisition of Capital Asset is the price which the assessee has paid, or the...
Deemed Cost of Acquisition of Capital Asset for Computing Capital Gain
Cost of Acquisition includes Deemed Cost of Acquisition Capital Asset is the Price which the assessee has paid, or the...
Computation of Capital Gain in Certain Special Cases
Here we discuss all the Provisions towards Computation of Capital Gain in certain Special Cases and the method of Computation...
Capital Gain in the case of Transfer of Shares/Debentures by Non-Residents (NRI)
Capital Gain in the case of Transfer of Shares/Debentures by Non-Residents (NRI) (Proviso 1 to Section 4 and Rule 115A)...
[Section 115F] : Exemption of Long-Term Capital Gains arising to Non-Resident Indian (NRI) on Transfer of ‘Foreign Exchange Asset’
As per Section 115F, where an assessee, who is a non-resident Indian (NRI), transfers any long-term foreign exchange asset (hereinafter...
[Section 54] : Exemption of Capital Gain arising on Transfer of Residential House Property
Capital gain arising on the transfer of a residential house is exempt Under Section 54 in the following circumstances: (i)...
[Section 54B]: Exemption of Capital Gain on Transfer of Land used for Agricultural Purposes.
The exemption under Section 54B is available in respect of capital gains arising from transfer of agricultural land, if following...
[Section 54D] : Exemption of Capital Gain on Compulsory Acquisition of Land and Buildings forming part of an Industrial Undertaking.
As per Section 54D, the Capital Gain arising from the transfer, by way of compulsory acquisition under any law, of...
![Residential Status [Sections 5 to 9B]](https://incometaxmanagement.in/wp-content/uploads/2022/11/Residential-Status-Sections-5-to-9B-120x86.jpg)
Income Tax Management and Tax Ready Reckoner with Tax Planning for the Assessment Years 2022-2023 & 2023-2024 - for Students, Salaried, Professionals & Businessman.