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ndsadvisors.com

CG Computation · ICAI Registered Firm

Capital Gain Computation the working that decides your tax to the rupee.

Precise capital gains computation for shares, mutual funds, property, gold, unlisted securities, and other capital assets — sale value, cost of acquisition, indexation, improvements, and grandfathering computed with full backup working.

Capital gains tax sounds simple — sale price minus cost — but every component of that formula has its own rules. Sale value can be replaced by stamp duty value under Section 50C, cost of acquisition for inherited assets is the previous owner's cost, indexation requires the right base year, and FIFO ordering applies for shares and units.

Errors in computation usually go in one direction — paying more tax than required. Common mistakes include missing the cost of improvements, ignoring brokerage and legal costs as transfer expenses, applying the wrong CII year, and missing grandfathering for pre-2018 listed equity.

Our computation engine is built on the Act and the rules — Section 48 with all provisos, Section 49 for special cost rules, Section 50C / 50CA for stamp duty deeming, and Section 112A grandfathering. Every working is signed off by a senior CA and supported by a back-up file the client can keep for future scrutiny.

Our Capital Gain Computation Services

01

Sale Value Determination

Section 50C and 50CA stamp duty / fair value substitution where applicable.

02

Cost of Acquisition

Original cost, inherited cost, gifted asset cost, and bonus / rights cost.

03

Indexed Cost

Indexation using CII year-by-year with documentary backup.

04

Cost of Improvement

Indexed cost of improvements supported by bills and contractor records.

05

Transfer Expenses

Brokerage, legal fees, stamp duty, and society dues claimed as deductions.

06

FIFO Ordering

First-In-First-Out matching of purchases and sales for shares and MF units.

07

Grandfathering

Section 112A grandfathering for listed equity held on 31 January 2018.

08

Schedule CG Pack

Final Schedule CG file with scrip-wise / asset-wise working.

Our Approach

1

Asset List

All capital assets sold during the year identified.

2

Document Pack

Sale deeds, broker statements, purchase invoices, and improvement bills collected.

3

Computation

Section 48 computation with indexation, FIFO, and grandfathering.

4

Senior Review

Senior CA review with reasonableness and exemption check.

5

Schedule CG

Schedule CG prepared with backup file retained for client.

Why It Matters

Section 48 computation, end-to-end
Stamp duty / FMV substitutions handled
Indexation with full backup
Improvements correctly indexed
Transfer expenses captured
FIFO and grandfathering applied
Senior CA review
Audit-defendable working file

Frequently Asked Questions

Sale consideration minus cost of acquisition minus cost of improvement minus transfer expenses.

Adjustment of cost of acquisition using the Cost Inflation Index to account for inflation.

Provision that substitutes sale value with stamp duty value if it is higher than declared sale price.

Cost protection rule for listed equity held on 31 January 2018 under Section 112A.

Yes, they are allowed as transfer expenses while computing capital gains.

Need a Watertight CG Computation?

Get every component computed to the rupee — Section 48, indexation, grandfathering, FIFO — with backup files that hold up in scrutiny.

Get My CG Computed or call +91 9819 000 511