Capital Gain Calculator Lite description

As the name suggests, Capital Gain Calculator Lite is an easy tool to calculate Capital Gain by selling immovable property. The Capital Gain Calculator Lite calculates the indexed price of the property and then calculates the profit earned.

What is a Capital Asset?
Capital Asset is movable or immovable property held by a person. For Example: Mutual Funds, Shares, Real Estate.

How is Capital Gain Calculated?
Most people think that Capital Gain is calculated by subtracting purchase price from selling price, but actually it is calculated by indexing the purchase price and then subtracting it from selling price.

How to use this app?
To calculated capital gain with CGCL you need to enter the purchase and sale details of the property. The app will show you the calculated the capital gain.

How to get advice about capital gain tax?
If you have any questions regarding the app or need help with capital gain tax, then feel free to contact the developer of the app at [email protected]

Disclaimer: The app is just for the reference and educational purpose. The app is not a substitute of your Chartered Accountant or Tax Consultant/adviser. Please consult your tax adviser before taking any decisions. The developer is not liable for any loss occurred due to outcomes of the Capital Gain Calculator Lite.