As we all know income from capital gains is one of the important part of computation of income of any taxpayer assessee. Hence in this article author is trying to discuss certain things regarding capital gains such as how to calculate indexed cost of acquisition, indexed cost of improvement, what is the latest cost inflation index, certain important exemptions from long term capital gains, etc
Capital gains are profits that an investor has made from selling asset like stocks and real estate. Capital gains are differentiated as long-term and short-term for taxation purposes. In India, the definition of capital gains for various asset classes is different.
Read more on: https://taxguru.in/income-tax/overview-capital-gain.html
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