LONG TERM CAPITAL GAIN TAX REG

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I AM AN INDIVIDUAL AND TATA MOTORS A ORDINARY SHARES DEMERGER WITH TATA MOTORS LTD AND THEY GIVE DEEMED DIVIDEND AMOUNT OF Rs.59000/FOR 200 SHARES AND ALSO THEY GIVE CONSIDERATION AMOUNT FOR THE SAID SHARES Rs.229000/ AFTER DEDUCTING DEEMED DIVIDEND BALANCE AMOUNT OF Rs.179000/ TO BE TREATED AS LONG TERM CAPITAL GAIN SAID BY THE COMPANY THROUGH THEIR EMAIL.MY CLARIFICATION IS IN THIS AMOUNT MAY I DEDUCT Rs.125000/ UNDER SECTION 112A IN Rs.179000/AND BALANCE AMOUNT OF Rs.54000/IS TAXABLE UNDER CAPITAL GAIN TAX OR Rs.179000/ IS FULLY TAXABLE..
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Transaction Date is important
Transaction Date is 25-09-2024...


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