Capital Gain Computation Tool — CA Professional Edition

Client Identification

Client Name *

PAN *

Date of Birth *

Age (as on 31 Mar)

Resident Status *

Assessment Year *

Financial Year

Tax Regime *

Income Profile (Other than Capital Gains)

Include all income other than capital gains. This is used to determine slab tax, basic exemption adjustments, and surcharge applicability. Leave 0 if no other income.

Salary / Pension (after std. deduction)

Business / Profession Income

House Property Income (net)

Other Sources Income

Deductions under Chapter VI-A (old regime)

Total Other Income (auto)

Assumptions & Scope

Tool Assumptions & Scope

CII values: FY 2001-02 (base 100) to FY 2025-26 (376) as per CBDT Notification No. 70/2025.
Finance (No.2) Act 2024 cutoff: 23 July 2024. Transfers on/after this date: STCG u/s 111A @ 20%, LTCG u/s 112A @ 12.5%, LTCG u/s 112 @ 12.5% (no indexation). Pre-cutoff: prior rates apply.
Grandfathering for property (resident individual/HUF, acquired before 23 Jul 2024): choice of 20% with indexation OR 12.5% without — lower tax is auto-selected.
Grandfathering for equity (u/s 112A): deemed cost = max(actual cost, min(FMV on 31 Jan 2018, sale price)).
Debt MF acquired after 31 Mar 2023: taxed at slab rate regardless of holding period (Section 50AA).
Section 50C (property): if SDV > 110% of actual sale price, SDV is deemed FVC. Tolerance: 10%.
Basic exemption adjustment: if other income < basic exemption, balance applied against STCG (111A) first, then LTCG (112A/112).
Rebate u/s 87A: NOT available against special rate taxes (111A, 112, 112A) per CBDT clarifications and ITD software treatment.
Surcharge on special rate CG (111A, 112, 112A): capped at 15% even if total income exceeds ₹2 Crore.
Gift/Inheritance: use previous owner's cost and date (as applicable) — enter manually in asset entry.
This tool is for Indian Resident Individuals. NRI computations may differ — consult treaty provisions.
Always verify with the client's AIS, Form 26AS, and actual documents before filing.

Capital Asset Transactions

Enter one row per asset transaction. All amounts in INR. Fields marked * are required. For gift/inheritance, enter the previous owner's cost and their date of acquisition. CII, holding period, and gain/loss auto-compute on clicking Compute.

#	Asset Description *	Asset Type *	Date of Purchase *	Date of Sale *	Cost of Acq. (₹) *	Cost of Improve. (₹)	Sale Consideration (₹) *	Transfer Exp. (₹)	SDV/Jantri (₹)	FMV 31-Jan-18 (₹)	STT Paid?	Special Acquisition	Holding (Mo.)	STCA/LTCA	Section	Gain / (Loss) ₹

Asset types: Listed Equity = listed shares (STT paid); Equity MF = equity-oriented MF; Unlisted Equity = unlisted/private shares; Debt MF = debt-oriented MF; Property = immovable property (land/building); Gold = physical/ETF/sovereign gold; Other = bonds, debentures, other assets.

Brought Forward Capital Losses

Enter verified brought-forward capital losses from prior years' ITRs. STCL can be set off against both STCG and LTCG. LTCL can only be set off against LTCG. Carry forward: up to 8 Assessment Years (if ITR filed on time).

Assessment Year (from which carried)	B/F STCL (Short-Term Capital Loss) ₹	B/F LTCL (Long-Term Capital Loss) ₹	Eligible for Set-Off in AY

No brought-forward losses entered. Click "Add Year" to enter prior year losses.

Set-Off Rules Reference

STCL (Short-Term Capital Loss)
Can be set off against: STCG (any asset) AND LTCG (any asset)
Carry forward: 8 AYs

LTCL (Long-Term Capital Loss)
Can ONLY be set off against: LTCG (any asset)
Cannot set off against STCG
Carry forward: 8 AYs

Order of Set-Off (Current Year)
1. Current STCL first set off against current STCG
2. Balance STCL set off against current LTCG
3. Current LTCL set off against current LTCG
4. Balance: B/F STCL → STCG, then LTCG
5. B/F LTCL → LTCG only
6. Still unabsorbed: carry forward (if ITR filed timely)