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Provision of sec 111A
does 100000 to be minus from stage u/s 111A
Replies (5)
Quick Summary
LTCG upto 100000 rupees is exempt on sale of equity oriented funds, mutual funds etc. u/s 112A
So 100000 is not the exemption u/s 111a ..it is only under sec 112a ?
Right.
111A is for stcg taxable at 15% only.
111A is for stcg taxable at 15% only.
Okay thank you 😊
Your welcome
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