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of <h1>Calculating Long-Term Capital Gains: Deduct Transfer Costs, Indexed Acquisition, and Improvement Costs from Full Consideration Value.</h1> Long-term capital gain from transferring a long-term capital asset is calculated by deducting certain expenditures from the full value of consideration. These expenditures include costs incurred exclusively for the transfer, such as brokerage or commission. The net sale consideration is further reduced by the indexed cost of acquisition and the indexed cost of improvement, if applicable. The indexed costs are determined using the cost inflation index for the relevant years of acquisition and improvement.
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