Section 112A capital gain

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CA
618 Points Posted on 10 May 2021
Hi
In case of Sec 112A STT has to pay on date of acquisition and date of transfer for both

In case of equity &
In case of EOU(MF)

Or for equity only date of acquisition is sufficient
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On 10 May 2021 at 12:59 Report
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Quick Summary
This discussion clarifies the requirements for paying Securities Transaction Tax (STT) under Section 112A concerning capital gains. It explains that for equity shares, STT is payable on both the acquisition (purchase) and transfer (sale) dates. However, for equity-oriented funds, STT is only required on the date of sale.

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Profession Business
28246 Points Posted on 10 May 2021
Pls clarify.
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On 10 May 2021 at 13:43
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Chartered Accountant
24588 Points Posted on 10 May 2021
Both dates are required
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On 10 May 2021 at 14:30
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CMA
13117 Points Posted on 10 May 2021

In case of equity shares, STT to be paid on purchase as well as sale whereas w.r.t. equity-oriented fund, only on sale.

https://www.incometaxindia.gov.in/pages/acts/income-tax-act.aspx

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On 10 May 2021 at 15:22

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