sec 112
This query is : Resolved
12 March 2009
section 112 is applicable to whom?
benifit of section 112 is applicable for LONG TERM CAPITAL GAIN ON PROPERTY?
benifit of section 112 is applicable for LONG TERM CAPITAL GAIN ON PROPERTY?
12 March 2009
Sec.112 is applicable to all Assessees whose total income includes any income arising from the transfer of Long Term Cap. Assets
The benefit of Sec.112 i-e indexation or without indexation is apply only in case of Capital Gain on Transfer of Listed Securities
the said benefit is not available for Long term Cap Gain on Property
The benefit of Sec.112 i-e indexation or without indexation is apply only in case of Capital Gain on Transfer of Listed Securities
the said benefit is not available for Long term Cap Gain on Property
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