5 天之前 · Section 112A specifically addresses the taxation of LTCG on listed shares, equity-oriented funds, and units of a business trust. In this article, we will discuss about Section 112A - its applicability, exemption and examples.

2019年8月13日 · Finance Act, 2018 inserted a new section 112A to provide for the rate of tax on long term capital gains arising on the transfer of certain assets. The capital assets on which the provisions of Section 112A applies include Equity Shares in a Company or unit of Equity oriented fund or units of a business trust.

2024年10月4日 · Section 112A of the Income Tax Act pertains to the taxation of long-term capital gains arising from the transfer of specified assets like equity shares, equity mutual funds, and units of business trusts.

2024年12月3日 · What is Section 112A? Section 112A provides for long term capital gains on the sale of listed equity shares, equity-oriented mutual funds, and the units of a business trust. The said section was introduced in Budget 2018 after the removal of exemption under section 10(38).

2024年7月17日 · The Income Tax Act's Section 112A deals with the taxation of long-term capital gains that result from the transfer of certain assets, including business trust units, equity shares, and equity mutual funds.

Through the Finance Bill 2018, the Government has introduced Section 112A under the Income Tax Act, 1961. The new section 112A has been inserted in order to levy long-term capital gain tax on the transfer of equity share, units of equity-oriented funds and units of a business trust.

Section 112A of Income Tax Act, 1961 is a crucial provision that deals with the taxation of long-term capital gains (LTCG) arising from the transfer of certain specified assets. These assets include equity shares or units of equity-oriented funds or units of a business trust.

2024年1月7日 · Section 112A defines the tax applicable on capital gains that are a result of the transfer of long-term capital assets. This includes units in a business trust, units in a mutual fund that invests in equity, or equity shares in a company.

2023年4月13日 · A comprehensive guide to Section 112A of the Income Tax Act, including conditions for capital gains taxation and offsetting long-term capital losses.

Section 111A allows relief on short-term equity gains, 112A levies a moderate rate on equity gains that are long-term, and 112 provides relief on long-term gains from any other form of assets after indexation.