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Incorrect capital gains calculation for Gold ETF

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  • Incorrect capital gains calculation for Gold ETF

    I imported my Reliance Gold ETF (GOLDBEES) transaction details in the latest version of mProfit.

    As per the tax rules gold ETF is eligible for indexation benefit if held for >3 years.
    But mprofit calculates long term gains without considering indexation.

    Please clarify.



  • #2
    Dear mrs65.

    You need to enter Gold ETFs under Debt MF category and then generate the capital gain report and customize it for 'with indexation'.

    If you need any help please send us your contact details to [email protected] OR contact us 022 - 40024149 to speak to our support team.

    MProfit Support

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    • #3
      Originally posted by Tanmay Keni View Post
      Dear mrs65.

      You need to enter Gold ETFs under Debt MF category and then generate the capital gain report and customize it for 'with indexation'.

      If you need any help please send us your contact details to [email protected] OR contact us 022 - 40024149 to speak to our support team.
      hey,

      Thank you so much for sharing this helpful information, it helped me alot.

      Regards.
      Last edited by Tanmay Keni; 29-11-19, 01:28 PM.

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