Hi @Quicko Please guide. Thank you.
EDIT: Sharing my understanding.
Hi ALL, This is just for your reference, would request everyone please don’t refer directly. This is just for my case.
MON100 HNGSNGBEES
STCG - A(I) - 5) From sale of assets other than at A1 or A2 or A3 or A4 above
- 5 "i. a." - Add Sale value - Full value of consideration received/receivable in respect of **unquoted shares**
- 5 "b. bi" - Add Cost value - Cost of acquisition without indexation
LTCG - B(I) - 9) From sale of assets where B1 to B8 above are not applicable
- 9 "1 a(i) a." - Add Sale Value(Where transfer was before 23rd July 2024) - Full value of consideration received/receivable in respect of **unquoted shares**
- 9 "4 b. bi." - Add Cost value(This should be indexed - google the formula & refer this https://cleartax.in/s/cost-inflation-index) - Cost of acquisition with indexation for transfer before 23rd July 2024 and without indexation for transfer on or after 23rd July 2024
F. Information about accrual/receipt of capital gain
- Add STCG gains under - 4. Short-term capital gains taxable at applicable rates Enter value from item 3v of schedule BFLA, if any
- Add LTCG gains under - 8. Long- term capital gains taxable at the rate of 20% Enter value from item 3viii of schedule BFLA, if any