Escolar Documentos
Profissional Documentos
Cultura Documentos
Taxes.
Group No: 16.
Class: SYBMS.
Div: B.
Semester: 4.
Date: 12/02/2011.
Topic: Income from Capital
Gains.
Prof. In-charge: Prof Ridhi
Sharma.
Group Members.
ACKNOWLEDGEMENT
I owe a great many thanks to a great many people
who helped and supported me during the making of
this project.
My deep thanks to Professor Ridhi Sharma the Guide
of the project for guiding with attention and
care.
I would also thank my Institution and my faculty
members without whom this project would have been
a distant reality.
Introduction:
Definitions:
Income from Capital Gains arises on Transfer of certain Capital
assets. Before actually discussing the sections on computing
Income from Capital Gains the definitions of Capital Assets
and Transfer need to be understood along with certain other
important definitions. The same are as follows:
Capital Asset:
a.
b.
c.
d.
e.
Capital Gains:
Rs.
XX
XX
XX
XX
XX
XX
XX
Rs.
XX
XX
XX
XX
XX
XX
XX
Cost Inflation Index for any year means such index as the
Central Government may, having regard to 75% of average rise in
the Consumer Price Index for urban non-manual employees of the
immediately preceding previous year to such previous year, by
notification in the Official Gazette, specify in this behalf.
Financial Year
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91
1991-92
1992-93
1993-94
1994-95
1995-96
Cost Inflation
Index
100
109
116
125
133
140
150
161
172
182
199
223
244
259
281
Financial Year
1996-97
1997-98
1998-99
1999-00
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
Cost Inflation
Index
305
331
351
389
406
426
447
463
480
497
519
551
582
632
BIBLIOGRAPHY
STUDENTS GUIDE TO INCOME TAX
BY Dr. VINOD K. SINGHANIA.
MONICA SINGHANIA.
DIRECT AND INDIRECT TAXES
VIPUL PRAKASHAN.
THANK YOU.