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A person bought gold ornaments worth 500000 rupees on 4th of November 2016. Later on, he sold all the gold ornaments in 8 lakh rupees on 7th of November 2020. What will be the capital gain tax liability on the client for such a transaction?
Ramesh bought 2000 equity shares of 80 rupees each on 4th of August 2017. He sold 1000 shares on 16 July 2018 at 120 rupees each share. He paid STT at the time of sale of shares. Calculate the tax liability of Ramesh.
Chandan invested 200000 rupees in a debt mutual fund scheme on 1st January 2012. The price per unit was Rs 11.30 at the time of investment. He sold all the units in 17 rupees per unit on 7th November 2018. Calculate capital gain tax liability.
Aditya invested 5 lakh rupees in equity Mutual Fund on 4th September 2019.NAV of mutual fund scheme was 19 rupees. He sold all the units in 30 Rs. per unit on 10th December 2020. What will be is capital gain tax liability.
Which of the following would be regarded as transfer –
Short-term capital gains arising on transfer of listed shares on which STT is paid at the time of transfer, would be chargeable to tax –
Distribution of assets at the time of liquidation of a company –
Land or building would-be long-term capital asset only if it is
Capital gain on transfer of depreciable asset would be-
For an assessor, who is a salaried employee who invests in shares, what is the benefit available in respect of securities transaction tax paid by him on sale and acquisition of 100 listed shares of X Ltd. which has been held by him for 14 months before sale?
Under section 50C, the guideline value for stamp duty is taken as the full value of consideration only if –
Where there is a transfer of a capital asset by a partner to the firm by way of capital contribution or otherwise, the consideration would be taken as –
Under section 54F, capital gains are exempted if
Under section 54EC, capital gains are exempted if invested in the bonds issued by NHAI & RECL or other notified bond-
An investor purchases mutual fund units on 1 July 2016 in 10 Rs per unit investing 1 Lac rupees. On 10 Nov 2020 He sold all units in 8 Rs Per unit what will be his capital gain or loss
On 31st January 2018 the value of per unit was 15
An investor purchases mutual fund units on 1 July 2016 in 10 Rs per unit investing 1 Lac rupees. On 10 Nov 2020 He sold all units in 13 Rs Per unit what will be his capital gain or loss
On 31st January 2018 the value of per unit was 15
Raghuram had got a residential property in inheritance in year May 2014 which was bought by his father in 1997 in 2014 Property valuation was 1 Cr Raghuram sold the property in April 2021 in 2.5 Cr Fair market value of property was 20 Lac as on 1 April 2001 expenses on sale transaction was 1% What is the tax liability of Raghuram on the above sold property?
Amit bought Equity Mutual Funds of worth 10 lac Rs. as on 10 April 2016. When N.A.V. was Rs. 17. He sold half of the units as on 20 January 2022 in 25 Rs. fair market value as on 31st Jan 2018 22. What is the capital gain or loss on this transaction?
An unlisted bond which was bought in 1 lac Rs at the price of 1000 per bond as on 4 May 18 He sold all the bonds on 5Nov2022 in 1200 Rs per bond. what is the tax liability in above transaction?
SGB was purchased as on 4 May2016 worth Rs 500000. When unit price was 4150 was sold all units on 9 Nov2021 in 5500 Rs per unit. what is the tax liability?
What will be the tax treatment of a listed debentures ltcg?
Pratap invested 250000 Rs on 10 Nov 2020 in an Equity Mutual Fund when N.AV. Was Rs. 11 and sold it on 19 Jan 2023 when it was 23. if in 2022-2023 it was the only equity sale transaction what kind of tax liability Pratap will have from the sale transaction?
A property which was bought by Abhimanyu on 4 January 2010 in 50 Lac Rs. it was later sold by him in July 2022 in 2 cr rupees. He incurred an expense of 1% on sale transaction. What is Tax liability on the sale transaction?
A Debt Mutual Fund bought worth of 10,00,000 in January 2016. When net asset value was Rs. 14.40 on December 2019 half of the units were sold in Rs. 19. What is the tax liability on the transaction?
N.A.V as on 31/01/2018 was Rs. 17
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