Shares And Securities
Mode of Computation of Capital Gains in respect of transfer of Immovable property: Section 48 of the Income-tax Act, 1961 provides for mode of computation of capital gains. This is explained in form of illustration as under: Capital Gain Computation Full Value Consideration 9,50,000/- Stamp Duty Valuation 10,00,000/- Sales consideration or Stamp Duty valuation as