https://www.taxtmi.com/acts?id=49070 Mode of computation of capital gains requires deducting transfer-related expenditure and the cost of acquisition and improvements from full consideration; in prescribed cases indexed cost of acquisition and improvement apply using a Cost Inflation Index. Certain deductions (specified interest and securities transaction tax) are disallowed. Special rules reduce cost of acquisition for non-income receipts to unit holders, permit prescribed deductions for specified entities, and require non-residents to compute gains on Indian shares or debentures by converting amounts into the foreign currency of original purchase and reconverting into Indian currency; rupee appreciation on redemption of rupee bonds is ignored for consideration. en-us Fri, 14 Feb 2025 16:40:25 +0530 Fri, 14 Feb 2025 16:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49070 Mode of computation of capital gains requires deducting transfer-related expenditure and the cost of acquisition and improvements from full consideration; in prescribed cases indexed cost of acquisition and improvement apply using a Cost Inflation Index. Certain deductions (specified interest and securities transaction tax) are disallowed. Special rules reduce cost of acquisition for non-income receipts to unit holders, permit prescribed deductions for specified entities, and require non-residents to compute gains on Indian shares or debentures by converting amounts into the foreign currency of original purchase and reconverting into Indian currency; rupee appreciation on redemption of rupee bonds is ignored for consideration. Act-Rules Bills Fri, 14 Feb 2025 16:40:25 +0530 https://www.taxtmi.com/acts?id=49070