(3)For the purposes of sub-section (1), the short-term capital gains shall be computed as per the following formula:––X = A – B – C,where,––X = short-term capital gains;A = full value of consideration received or accruing as a result of the transfer or redemption or maturity of the debenture or unit or bond;B = the cost of acquisition of the debenture or unit or bond; andC = the expenditure incurred wholly and exclusively in connection with such transfer or redemption or maturity.
