Capital Gain Calculator

Written By: Kirti

This calculator can be used for Capital Gain Calculation as per Income Tax law in India. It calculates the time of holding based on purchase date and sale date. Based on type of asset, holding period it calculates Short Term Capital gains and Long Term Capital Gains.
Our posts Basics of Capital Gain, Cost Inflation Index,Indexation and Long Term Capital Gains would be helpful in understanding the concepts.

Cost Inflation Index for all the years can be found at Cost Inflation Index Up to 2014-15
Buy Sell Details

Purchase Details


Sale Details


Results

Investment Type:

Time between Sale and Purchase:

Gain Type:

It is still in development stage so Apologies upfront for any mistake. Please let us know of the mistake or error in calculation we will correct it.

16 Responses to Capital Gain Calculator

  1. Shiva says:

    Sir.

    My present taxable income is Rs. 4 lakhs till AY 2013.. I have sold a residential flat to day for Rs. 1 crore. The purchase cost of the flat is Rs. 5 lakhs in 1988-89. The present indexed cost is 25 lakhs. . I make a capital gain of Rs. 75 lakhs.

    Can I opt for not using indexed cost and pay capital gain tax for 95 lakhs (1 crore minus 5 lakhs). If so what is the rate of Tax? If I use indexed cost and pay capital gain tax for Rs 75 lakhs what is the rate of tax?

  2. Shiva says:

    Sir.

    My present taxable income is Rs. 4 lakhs till AY 2013.. I have sold a residential flat to day for Rs. 1 crore. The purchase cost of the flat is Rs. 5 lakhs in 1988-89. The present indexed cost is 25 lakhs. . I make a capital gain of Rs. 75 lakhs.

    Can I opt for not using indexed cost and pay capital gain tax for 95 lakhs (1 crore minus 5 lakhs). If so what is the rate of Tax? If I use indexed cost and pay capital gain tax for Rs 75 lakhs what is the rate of tax?

  3. sharat says:

    Very helpful article. Detailed explanation is praiseworthy.
    If one has salary income, Stock market derivative income and capital gains from debt and equity mutual funds, how the tax would be calculated and what ITR form will need to be filled up.
    Stock market derivative income, I believe is business income and if this income is more than Capital gains income from stock and debt MFs, then will the entire income be treated as business income or the calculations have to be different for above.

    Many thanks for your answer.

  4. P.K.Ravindran says:

    This calculator is very helpful to understand the basic tax burden applicable on a real estate transaction .

  5. financeMind says:

    thanks…it’s nice calculator…

    latestaccounting.com

  6. Durga says:

    My income comes to 4.5lacs and shares with short term gains of 20,000.Though my income comes below 5 lacs should i calculate 15 % tax on short term gain and 10% tax on remaining amount
    or i should pay 10% tax for 4.7 lacs.please clarify.

    • Kirti says:

      Durga answer is based on the assumption that You have short term capital gain of Rs 20,000 from shares for which you have paid STT.
      Short term capital gain on shares comes into play if you hold it for less than an year, These have to taxed at the rate of 15%.

  7. Lakshmipathy G says:

    Thanks. It helped.

  8. gsk says:

    Hi,
    Good effort. Thanks
    Last 2 Lines “Long Term Capital Gain without indexation:4027.2″ should have been “Long Term Capital Gain Tax without indexation:4027.2″ word Tax needs to be added. For the the last lane since the difference is negative, 20% of of -1359. would not be tax as there is nothing to tax if CG is negative……..

  9. [...] you are interested in finding the Capital gains etc, you can try Capital Gain Calculator shown [...]

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