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MProfit now supports the computation of Capital Gains as per the LTCG Grandfathering Clause that is applicable from 01-Apr-2018. This post describes the various formats of Capital Gain Reports that are available in MProfit, such as summary and detailed reports.
1) Summary
This report shows totals of intra-day, short-term and long-term capital gains for each asset for each financial year.
2) Transaction-wise
This report shows transaction-wise capital gains for each asset with effective cost of acquisition (CA) as per grandfathering rules.
3) Transaction-wise and Categorised into LT/ST and Speculative
This report shows transaction-wise capital gains with all the details such as Original Purchase Price (PP), FMV (highest price as on 31-Jan-18) and Cost of Acquisition (CA) as per grandfathering rules.
4) Income Tax Return Format
This report can be saved in Excel and can be modified to present to your CA for filing Income Tax Return. This report shows transaction-wise capital gains with all the details such as Original Purchase Price (PP), FMV (highest price as on 31-Jan-18), Cost of Acquisition (CA) as per grandfathering rules.
1) Summary
This report shows totals of intra-day, short-term and long-term capital gains for each asset for each financial year.
2) Transaction-wise
This report shows transaction-wise capital gains for each asset with effective cost of acquisition (CA) as per grandfathering rules.
3) Transaction-wise and Categorised into LT/ST and Speculative
This report shows transaction-wise capital gains with all the details such as Original Purchase Price (PP), FMV (highest price as on 31-Jan-18) and Cost of Acquisition (CA) as per grandfathering rules.
4) Income Tax Return Format
This report can be saved in Excel and can be modified to present to your CA for filing Income Tax Return. This report shows transaction-wise capital gains with all the details such as Original Purchase Price (PP), FMV (highest price as on 31-Jan-18), Cost of Acquisition (CA) as per grandfathering rules.
Attached Files