Capital Gains Archives - Finance Friend

Cost Inflation Index (CII)

June 15, 2016June 15, 2016 CA. Kalpesh Karia

Cost Inflation Index (CII) As per provisions of Income Tax Act, for the purpose of Long term capital gains, Indexed cost of acquisition and indexed cost of improvement are deducted from Sale value consideration. Cost Read more [...]

Effects of Jantri rates on Capital Gains

February 8, 2023June 18, 2012 CA. Kalpesh Karia

Section 50 C of Income Tax Act,1961 was inserted from Finance Act, 2002 w.e.f. 1st April, 2003 which states that While transferring any land or building or both if full sale value consideration is less Read more [...]