Computation of Capital Gains in different Cases

 

Table of Contents

·         1.   Computation of ‘Capital Gain’ in case of ‘Zero Coupon Bonds’

·         2.   [Section 45(1)]- Capital Gain in case of amount received from an insurer on account of Damage or Destruction of any Capital Asset:

·         3.   Capital Gain on Conversion of Capital Asset into Stock-in-Trade or Stock-in-Trade into Capital Asset .

o    (A) [Section 45(2)]- Capital Gain on Conversion of Capital Asset into Stock-in-Trade:

o    (B)   [Section 28(via)]- Conversion of Stock-in-Trade into Capital Asset

·         4.   [Section 45(3)]- Capital gain on transfer of Capital Asset by a Partner / Member to a Firm / AOP / BOI as Capital Contribution:

·         5.   [Section 45(4)]- Capital Gain on Transfer of a Capital Asset by way of Distribution on the Dissolution of a Firm/AOP/BOI:

·         6.   [Section 45(5)]- Capital Gain on Transfer by way of Compulsory Acquisition of an Asset

·         7.   Capital Gain on Conversion of Debentures into Shares [Section 47(x), 49(2A) and Rule 8AA]:

·         8.   [Section 47(xb), 49(2AE)]- Capital Gains on Conversion of Preference Shares into Equity Shares

·         9.   [Section 46]- Capital Gains on Distribution of Assets by Companies in Liquidation:

·         10. Capital Gain on Sale of Goodwill of a Business / Trademark or Brand Name / Tenancy Rights / Route Permits or Loom Hours, Right to Manufacture or Right to Carry on any Business:

·         11. [Section 50]- Capital Gain on Transfer of Depreciable Assets:

·         12. [Section 50C]- Capital Gains in Real Estate Transactions:

·         13. [Section 46A]- Capital Gains on Purchase by Company of Its Own Shares or Other Specified Securities:

·         14. Capital Gain on Sale of Land and Building to be computed separately in case of Building Constructed by the Assessee:

·         15. Capital Gain in the case of Transfer of Shares / Debentures by Non-Residents



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