Capital Gains — Computed Right, Reported Right.
Advisory on classification, computation and exemption planning for gains arising on sale of capital assets.
Book Free ConsultationThe tax on a capital gain depends on several determinations made before the computation even starts — whether the asset is short-term or long-term, which cost base and indexation apply, and which exemption, if any, is available.
At N D Savla & Associates, we advise individuals and businesses in Nashik on the tax treatment of gains arising from sale of property, securities, business assets and other capital assets, including the exemptions available under reinvestment provisions.
Our advisory covers the classification and computation stage, as well as the reporting of the gain in the return and the advance tax implications that follow.
Our Capital Gains Advisory Services
Asset Classification Advisory
Determination of whether an asset qualifies as short-term or long-term.
Cost of Acquisition & Indexation
Computation of indexed cost of acquisition and improvement, where applicable.
Exemption Planning Under Sections 54 Series
Advisory on exemptions available through reinvestment in specified assets.
Capital Gains on Property Sale
Computation of gains on sale of land, building or other immovable property.
Capital Gains on Business Asset Transfer
Advisory on gains arising from transfer of business assets and undertakings.
Set-Off & Carry Forward of Losses
Advisory on setting off and carrying forward capital losses against gains.
Advance Tax Impact Assessment
Assessment of advance tax instalments arising from a capital gain.
Capital Gains Reporting in ITR
Preparation and reporting of the gain in the appropriate return schedule.
Our Our Advisory Process
Asset & Transaction Review
We review the asset, its acquisition history and the terms of transfer.
Classification & Holding Period
The asset is classified as short-term or long-term based on the holding period.
Cost & Indexation Computation
Cost of acquisition, improvement and applicable indexation are computed.
Exemption Assessment
Available exemptions under the reinvestment provisions are identified.
Computation & Reporting
The final tax liability is computed and reported in the return.
Why It Matters
Frequently Asked Questions
Sold or planning to sell a capital asset?
Tell us about the asset and the transaction — we'll compute the gain and identify the exemptions available.
