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Rate levied upon firm
rate on firm is flat 30% or 20% is levied in case of ltcg to firm ??
Replies (3)
Quick Summary
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
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