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LTCG exemption
LTCG is exempted upto Rs.100000/- in a Financial year under which section 112A or 112A(2)?
Replies (5)
Quick Summary
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)
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