Ltcg tax rates

Tax queries 750 views 2 replies

PL. clarify that

1. LTCG TAX has option of either 20% after taking into A/C -  Cost inflation index /

or/ otherwise 10% flat without CII ?

2. Also whether after basic exemption, no 80c & no slab parameters are applicable ?

Replies (2)

You are right.

Whether 10% flat tax rate option is available only for certain BONDS & DEBT SECURITIES, & NOT FOR OTHER CAPITAL ASSETS like GOLD, PROPERTIES etc. ?

Pl. confirm. Under which section?

 

 

 


CCI Pro

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