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Ltcg exemption
LTCG is exempted upto Rs.100000/- in a Financial year under which section 112A or 112A(2)(I)?
Replies (2)
Quick Summary
Exemption of Rs. 100000 is provided under 112A(2) if capital gains arise from the transfer of a long-term capital asset being an equity share in a company or a unit of an equity oriented fund or a unit of a business trust on which STT is deducted
Note that all sub-sections are under main section 112A .
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