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capital gain

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41 Points Posted on 28 February 2019
Can we avoid indexation while calculating tax on long term capital gain on mutual fund?
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On 28 February 2019 at 21:28 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 01 March 2019
Yes, in certain cases tax @ 10% can be computed on LTCG gains.
In case the tax computed @ 20% on LTCG (with indexation) is more than the tax computed @ 10% on LTCG (without indexation), then you can pay the latter amount as LTCG tax.

This option is only available to a resident individual. Further, this option can only be availed if the LTCG is from the sale of listed bonds, units of a debt mutual funds, non equity ETFs or from the maturity of a zero coupon bond.
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On 01 March 2019 at 19:37
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CA FINAL ASPIRANT
3115 Points Posted on 07 March 2019
agreed with dhirajlal sir
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On 07 March 2019 at 21:52


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