indexation on shares

In case of Listed Equity Share , the benefit of Indexation is not allowed in case of LTCG.

Refer Section 112A of the Income Tax Act 1961.
10% LTCG Tax is levied in excess of Rs. 1,00,000.

good clarification and information

Respected Subhagan Sreerangam Sir,

It has been noticed for a couple of weeks that you are constantly posting the comment "GOOD CLARIFICATION AND INFORMATION " , for increasing your points. Kindly answer the question asked by the querist without just writing "good clarification and information"..

Please abide the rules and regulations of this group. All the members, employees, executives of caclubindia are trying their level best to make this app as the Best Professional Application.

I have no intention to hurt you Sir..

Thank You.

Warm Regards.

good clarification and information