Sunday, 20 March 2016

CALCULATION OF SHORT TERM CAPITAL GAIN TAX:-
                                                                                                       WE HAVE TO FILE ITR2 TAKE VALUE OF GOVERMENT GUIDIANCE OR ACTUAL WHICH EVER IS HIGHER-LESS DEDUCTION U/S 48 1.COST OF PURCHASE+COST OF INPROVEMENT+LEGAL EXPENCES+INTEREST ON LOAN TAKEN FOR PURCHASE OF ASSET=AMOUNT TAXABLE-DEDUCTION AS PER CHAPTER VIA AND EXEMPTION LIMIT.
 

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