Income chargeable under the head “Capital gains” is calculated by deducting from full value of consideration received or accruing as a result of transfer, the cost at which the asset was acquired and the cost incurred subsequently on improvement of the capital asset.Income chargeable under the head “Capital gains” is calculated by deducting from full value of consideration received or accruing as a result of transfer, the cost at which the asset was acquired and the cost incurred subsequently on improvement of the capital asset.taxmann.com Latest ArticlesRead More