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 ?
A.K.Agrawal (Investments & Finance) (132 Points)
19 March 2012PL. 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 ?
A.K.Agrawal
(Investments & Finance)
(132 Points)
Replied 20 March 2012
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?
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