INCOME TAX+CG


This query is : Resolved 

Quick Summary
If your total income, including Long-Term Capital Gains (LTCG), is below ₹12 lakhs in FY25-26, you may still need to pay LTCG tax. The rebate under Section 87A does not apply to capital gains taxed at special rates. Therefore, even if your other income is low, the LTCG amount will be subject to tax.

27 June 2025 IN FY25-26 if my total income, including LTCG, is below 12 lacs. (87A rebate of Rs 60k) Do I have to pay LTCG tax? .can LTCG be offset against the shortfall in total income, and 12 lacs . LTCG is 9 lacs. other income below 3 lacs?

27 June 2025 The capital gains at special rates are not allowed for rebate u/s. 87A IT act. So, you will have to pay LTCG tax.

27 September 2025 Good luck..


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