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capital gains - Coggle Diagram

- - - - execptions
        
        jewellery
        
        archaeology
        
        sculptures
        
        artwork
        
        drawings
- - - - sold stock= CG +BI on date of sale
      - CG
        
        FMV-cost of CA
        
        indexation upto period of conversion
        
        Gain in year of sale of stock
      - conversion of CA into stock
      - BI
        
        sale- FMV
    - - charged in year of receipt/final order
      - compensation+enhanced compensation
      - enhanced compensation
        
        cost =NIL(bec cost already taken in compulsory acquisition)
        
        interest on enhanced compensation=IFOS
        
        taxed in hands of recipient
        
        if enhanced compensation reduced- rectify u.s 54 and claim refund
    - - period only upto damage
      - AC of prev owner
      - profits/gains=income of Pr Yr of IR
      - Sale= Trf Date=IR/FMV
      - on damage/destruction of CA9loss of rights)
    - - specified Jt development agreement
      - Taxed CG on COC completion
      - individual/HUF
      - taxed as CG if TRANFERRED before COC
      - COC or trf (earlier)
      - SC=SDV ON COC +CASH RECD
- - - - mf/eemf
      - 0 coupon bonds
      - listed security
    - - unlisted shares
      - land/building/both
    - - any others
- - - - 20% +SC+Cess
    - - exempt
      - CG= consideration recd by shareholder-paid by shareholder to acquire shares
  - - - no tax
    - - CG u.s 46A