Tax rate on long term capital gain on slump sale

An assessee company sold its undertaking as slump sale. the holding period is more than 36 months and hence long term capital gain arises on such sale. But i need to confirm about the rate of tax on such LTCG.

Also under which section the applicable rate is given ?

Replies (1)

It will be 20% under section 112

 

https://www.indiantaxupdates.com/2013/03/19/section-50b-capital-gain-on-slump-sale/

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