pranesh
asked over 3 years ago
how to calculate long term capital gain on sale of land?
narahari
answered almost 3 years ago
Long term capital gains are calculated as follows Full value of consideration XXXX Then LESS all the expenses incurred for such transfer/sale XXXX LESS indexed cost of acquisition XXXX LESS indexed cost of improvement XXXX
lochan
answered over 3 years ago
**LONG TERM CAPITAL GAIN ON SALE OF LAND** Hi, Long term capital gains are calculated as follows Full value of consideration XXXX Then LESS all the expenses incurred for such transfer/sale XXXX LESS indexed cost of acquisition XXXX LESS indexed cost of improvement XXXX GROSS LTCG XXXX Then LESS exemptions if available any XXXX NET LTCG XXXX Thanks :)
