when Equity-Linked Savings Scheme amount withdraw after 3 years,then TAX chargeable under which section
when Equity-Linked Savings Scheme amount withdraw after 3 years,then TAX chargeable under which section
Section 112A If returns (Long-term capital gains) from ELSS is above Rs 1 lakh,then it would be taxed at 10 percent without any indexation benefit.
The entire invested capital amount which was earlier claimed as deduction as ELSS now will be taxed at normal rates.
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