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Rate levied upon firm

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11 Points Joined May 2021
rate on firm is flat 30% or 20% is levied in case of ltcg to firm ??
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On 14 May 2021 at 06:55 Report
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Learner
2398 Points Joined May 2019
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.
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On 14 May 2021 at 08:00
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Chartered Accountant
24588 Points Joined November 2019
LTCG is 20%
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On 14 May 2021 at 09:04
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tax consultant
3306 Points Joined October 2018
20% u/s 112
1 Reply
On 14 May 2021 at 14:46

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