How to compute short-term capital gain?

Debnath Mondal

Short-term capital gain arising on account of transfer of the short-term capital asset is computed as follows:

*Particulars*	*Rs.*
Full value of consideration (i.e., Sales value of the asset)	XXXXX
*Less:* Expenditure incurred wholly and exclusively in connection with the transfer of capital asset (E.g., brokerage, commission, etc.)	(XXXXX)
Net Sale Consideration	XXXXX
*Less:* Cost of acquisition (i.e., the purchase price of the capital asset)	(XXXXX)
*Less:* Cost of improvement (i.e., post-purchase capital expenses incurred on addition/improvement to the capital asset)	(XXXXX)
*Short-Term Capital Gain*	XXXXX

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