Menu
Rate levied upon firm
rate on firm is flat 30% or 20% is levied in case of ltcg to firm ??
Replies (3)
If any specific rate is mentioned under the act then that rate will be applicable irrespective of status of the assessee. hence for LTCG 20% will be applicable.
LTCG is 20%
20% u/s 112
Recent Topic
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
Related Topics
CAclubindia
