Whether 112A is mandatory for stt paid stocks

263 views
User Avatar

student
65 Points Posted on 27 July 2022
whether Sec. 112A is mandatory for STT paid stocks or is it optional to adopt 112 or 112A for filing income tax return.
1 Reply Share Follow
On 27 July 2022 at 23:03 Report
Replies (5)
Quick Summary
This discussion clarifies whether Section 112A of the Income Tax Act is compulsory for stocks that have paid Securities Transaction Tax (STT). It confirms that while Section 112A is often mandatory, taxpayers can still claim indexation benefits. The conversation also touches upon the options available for filing income tax returns when seeking these benefits.

User Avatar

Chartered Accountant
86505 Points Posted on 28 July 2022
Mandatory
4 Reply
On 28 July 2022 at 07:49
User Avatar

student
65 Points Posted on 28 July 2022
Thank you sir, what if someone wants to take indexation benefit ? is there any possible option available for him.
2 Reply
On 28 July 2022 at 09:50
User Avatar

Chartered Accountant
86505 Points Posted on 28 July 2022
Yes you can also claim indexation benefit
2 Reply
On 28 July 2022 at 23:05
User Avatar

student
65 Points Posted on 02 August 2022
Sir, In which sec. we can claim indexation benefit if we can't adopt sec.112
2 Reply
On 02 August 2022 at 20:43
User Avatar

Chartered Accountant
86505 Points Posted on 06 August 2022
Same section give option
1 Reply
On 06 August 2022 at 08:27

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Foreign remittance
  2. Affordable Residential Flats in Gurgaon
  3. Manufacturing
  4. TAN REGISTRATION ON E-FILLING SITE
  5. Form 10-IEA – Continuing Old Regime
  6. Income tax act 2026
  7. Belated Return where Form 10IEA filed this year to
  8. GST Reconciliation Tool (2A vs Books) - looking fo
  9. TDS ON PF FORM 19 WITHDRAWAL
  10. Can a virtual office in Mumbai be used for company

More recent discussions | Post

Related Topics :

Loading