Powered by Google TranslateTranslate
Menu
Search
Search

What formula is used to determine long-term capital gains?

Question

What formula is used to determine long-term capital gains?

Expert Answer
Answered 25 Nov 2022
1923 views

The full value of the consideration received upon transferring the long-term capital asset will be subtracted from the cost of the long term capital asset after considering indexation to determine the long-term capital gains.

 

Have a Legal Question?

Get free answers from verified legal experts or opt for a paid expert opinion for more detailed guidance.

Talk to a legal expert Ask a Free Question

Ready to Start Your Business Journey?

Download our comprehensive guides to help you understand the business landscape in India and make informed decisions.

Have questions? Let's talk! Schedule Free Consultation