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computation of st cap gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2010 is short term capital gain computed on actual sale value or value as per D.M.Circle rate as on date
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Sudhindra

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Sudhindra (Expert)
14 January 2010 Sale value is taken as the price received for the sale of any asset at the time of sale or the date of sale, i am unable to understand what is DM circle rate?
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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2010 DM circle rate is value on which stamp duty is paid.For LTCG computation this value is taken as sale price.Is it same for STCG too.
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Sudhindra

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Sudhindra (Expert)
15 January 2010 yes it is the same for any sale of aset whether short term or long term....

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