Tax rate on long term capital gain on slump sale

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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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