The computation of capital gain in the case of self-generated assets is relatively straightforward. Since
CONSEQUENCES IF THE NEW ASESTS IS TRANSFERRED WITHIN 3 YEARS
If the new assets acquired using the proceeds of the transfer of a foreign exchange
AMOUNT OF EXEMPTION
In addition to the basic exemption, there are also a number of deductions and allowances
SPECIAL PROVISIONS IN THE CASE OF A NON-RESIDENT INDIAN (SECTION 115F)
Specified foreign exchange assets include: Shares or debentures of an Indian company. Units of an
COMPUTATION OF CAPITAL GAIN IN THE CASE OF NON-RESIDENT (SECTION 48)
The computation of capital gain in the case of a non-resident under Section 48 of
INDEX COST OF IMPROVEMENT
Indexed cost of improvement is the cost of improvement of a capital asset, adjusted for
INDEXED COST OF ACQUISITION
Indexed cost of acquisition (ICA) is the cost of acquisition of a capital asset, adjusted
HOW TO CONVERT COST OF ACQUISITION / IMPROVEMENT INTO INDEX COST OF ACQUISITION / IMPROVEMENT
To convert cost of acquisition/improvement into indexed cost of acquisition/improvement under the Income Tax Act,
COST INFLATION INDEX
The Cost Inflation Index (CII) under the Income Tax Act is a measure of inflation
INDEXED COST OFACQUISITION AND INDEXED COST OF IMPROVEMENT
Indexed cost of acquisition and indexed cost of improvement are two important concepts under the