Capital gain

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Vasant (Querist)
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03 August 2011 IS THERE ANY PROVISION FOR CALCULATION OF LONG TERM CAPITAL GAIN(OTHER THAN SHARES)HAVING TAX @20% WITH INDEXATION AND @10% WITHOUT INDEXATION.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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03 August 2011 SUCH PROVISIONS ARE THERE UNDER SECTION 112(1) BUT LUCKILY THESE ARE APPLICABLE TO
LISTED SECURITIES, OR UNITS OR ZERO COUPON BONDS. YOU MAY REFER THE PROVISO TO THE SUB SECTION 1.

EXCEPT THE ABOVE THERE IS NO SUCH PROVISION.

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