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Jayesh Dadia 
Chartered Accountant 

I am an individual and have inherited a residential flat from my father who acquired it in 1966. Within nine months from the date of inheritance of the flat I have decided to sell this flat for Rs10 crore. Can you tell me whether this will be a long-term capital gain and if yes, how does one compute it and what are the options available for reducing capital gain?  

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Sensex 40,000 to 50,000: TCS becomes biggest contributor in terms of market cap

Shreya Chaware / Article rating: 5.0

Sensex journey to 50,000 has been clearly an impressive one with several stocks contributing to its gains. When it comes to market cap addition, the clear winner is TCS, followed by HDFC Twins, ICICI Bank, and Kotak Mahindra Bank. These stocks contributed the most to the market capitalisation when Sensex moved from 40,000 to 50,000.