Long Term Capital Gains

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2010 Is long term Capital gain taxed as a separate item or is it added in regular income and taxed as per income tax slab rate?
Kindly explain in reference to cases where total income is below taxable limit.

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
Follow

02 March 2010 Long term capital gain is taxable only if the total income is above taxable limits. And it taxed separately at special rate of 20% normally. Slab rates are not applied to LTCG.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

ASHOK KUMAR TEKURU

venkateswara reddy

Adesh Mahajan

CA TARUN JINDAL

Chaitanya Voolla

Subscribe Now

Long Term Capital Gains

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Article Assistant

GST CONSULTANT

CA Final

GST CONSULTANCY