Section 112A

as it is specific income tax as if it excess 100000 then only yax at rate if 10 percentage
any reason behind it ???
Replies (2)
Quick Summary
Section 112A of the Income Tax Act deals with Long Term Capital Gains (LTCG) from selling listed equity shares. It provides an exemption for the first £100,000 of such gains each year. Any gains exceeding this threshold are then taxed at a rate of 10%.

It is for LTCG for sale of listed equity shares u/s 112A
100000 rupees is exempt and balance amount will be taxable @ 10%
100000/- is exempt every year. Beyond that taxable

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