Sale Consideration | 5000 * 36 | Rs.180000 |
---|---|---|
Cost of purchase | 5000 * 23 | Rs.115000 |
Net Gain (without indexation) | 5000 * (36-23) | Rs.65000 |
Indexed Cost of purchase (CII for the year 2019-120 / CII for the year 2012-13) * Cost of Purchase | 5000*23*289/200 | Rs.166175 |
Net Gain (With Indexation) | Rs.13825 | |
Rate of Tax | 20% | |
Long Term Capital Gain tax (without indexation benefit) | 65000*20% | Rs.13000 |
Long Term Capital Gain tax (with indexation benefit) | 13825*20% | Rs.2765 |
Tax saving due to Indexation | 13000 – 2765 | Rs.10235 |
Year | CII |
---|---|
2009-2010 | 148 |
2010-2011 | 167 |
2011-2012 | 184 |
2012-2013 | 200 |
2013-2014 | 220 |
2014-2015 | 240 |
2015-2016 | 254 |
2016-2017 | 264 |
2017-2018 | 272 |
2018-2019 | 280 |
2019-2020 | 289 |
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