Applicability
Laxmi Madnani (25 Points)
08 September 2019
Date of applicability of Section 112A (LTCG) of IT Act???
1 Replies
Kapadia Pravin
(17264 Points)
Replied 09 September 2019
section 112A------
Any transfer carried out after 1 April 2018, resulting in LTCG in excess of Rs 1 lakh will attract tax at the rate of 10 percent
Any transfer carried out after 1 April 2018, resulting in LTCG in excess of Rs 1 lakh will attract tax at the rate of 10 percent
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