Is LTCG double taxed?


This query is : Resolved 

Quick Summary
This discussion clarifies whether Long Term Capital Gains (LTCG) are subject to double taxation. The consensus is that LTCG is not taxed twice. Instead, it is taxed at a specific rate of 10%, rather than being added to your income and taxed according to your slab rate.

04 March 2024 I have Shares LTCG of RS 2 lakh. That means LTCG tax would be 10% of (2 lakh - 1 lakh) = RS 10000
My query is does LTCG goes through double tax i.e. LTCG Tax and Income Tax as per slab rate.


04 March 2024 It's taxable only at 10% and not as per slab rete. No double taxation.

04 March 2024 Thank you Sir. Got it.

05 March 2024 You are welcome...
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