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Long Term Capital Gain
indexation is allowed Or not in case of sales of listed equity shares (holding more than 1 year)... ???
Replies (5)
Yes , Indexation is allowed.
| Originally posted by : anubhav mahendra | ||
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indexation is allowed Or not in case of sales of listed equity shares (holding more than 1 year)... ??? |  |
No Indexation Benefit under section 112A on LTCG on Equity share
No where it's mentioned INDEXATION not available for Long term assets being unlisted shares. INDEXATION is not available on Long term assets being unlisted shares to non residents
If it's case of 112A then no indexation...other case then 20% tax with indexation or 10% without indexation.
@ Mr. Ravi sadhiyan
If assessee want to take benefit of sec.112A, than no benefit of indexation claim and tax rate apply @ 10% on capital gain above rs. 100000, while if assessee want to take benefit of indexation than tax rate apply 20%.
If assessee want to take benefit of sec.112A, than no benefit of indexation claim and tax rate apply @ 10% on capital gain above rs. 100000, while if assessee want to take benefit of indexation than tax rate apply 20%.
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