Finotax Wishes
A Very Happy & Prospserous Diwali to You

Calculate Short Term Capital Gains

Enter data in applicable bordered cells
1From assets in case of non-resident to which first proviso to section 48 is applicable
aFrom assets (shares/units) where section 111A is applicable (STT paid)
bFrom assets where section 111A is not applicable
2From assets (shares/ units) in the case of others where section 111A is applicable (STT paid) (Taxable at special rate of 15%)
aFull value of consideration
bDeductions under section 48
1Cost of acquisition
2Cost of Improvement
3Expenditure on transfer
4Total (1 + 2 + 3)
cBalance (2a - 2biv)
dLoss, if any, to be ignored under section 94(7) or 94(8) (Enter positive value only)
eShort-term capital gain (2c +2d)
3From assets (shares/ units) in the case of others where section 111A is NOT applicable
aFull value of consideration
bDeductions under section 48
1Cost of acquisition
2Cost of Improvement
3Expenditure on transfer
4Total (1 + 2 + 3)
cBalance (2a - 2biv)
dLoss, if any, to be ignored under section 94(7) or 94(8) (Enter positive value only)
eDeduction under section 54B/ 54D
fShort-term capital gain (3c + 3d - 3e)
4Amount deemed to be short term capital gains under sections 54B/54D/54G/ 54GA
5Total short term capital gain (1a + 1b + 2e + 3f + 4)