Menu
LTCG exemption
LTCG is exempted upto Rs.100000/- in a Financial year under which section 112A or 112A(2)?
Replies (5)
112A(2)
Both are right answers
A newly inserted section implies that.
The limit of Rs.1,00,000 is specifically stated in Section 112A(2) . Refer - https://www.incometaxindia.gov.in/pages/acts/income-tax-act.aspx
Refer Sec 112A (2)
Recent Threads
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
- TDS - requirement of TDS by individual under presu
- Normal Register in GST in delhi in gujarat no rece
- ITC availment relationship
Related Threads
CAclubindia
