Hi
As per sec 112 the transfer of LTCA is in the nature of listed securities or units of UTI or mutual fund or zero coupon bonds, the gain arising from tranfer of such securities or units shall be liable to tax at the rate of 10% on such long term capital gain computed without the benefit of indexation.
In case if listed securities are traded through recognised stock exchange and chargeable to STT exemption u/s 10(38) will apply.
The total income of an assessee includes any income, arising from the transfer of LTCA, which is chargeable under the head capital gains such LTCG shall be charged to tax at 20% or 10% as the case may be. So assesse includes person and person includes company also. special tax rate is apllicable for company also.
Regards
Anusha P