WebbAs per Section 112A, long-term capital gain arising from the transfer of long-term capital asset being an equity share in a company or a unit of an equity oriented fund or a unit of a business trust shall be taxed at the rate of 10% of such capital gain exceeding Rs 1,00,000. This concessional rate of 10% is applicable if: –. Webb16 mars 2024 · Capital gain tax under section 112A will be levied provided the below-mentioned conditions are fulfilled: Sale of equity shares and equity-related instruments like units of a mutual fund and units of a business trust. The securities should be long-term capital assets i.e. having more than 1 year of holding. Capital gain is exceeding Rs.1 lakh.
Importance of 31st January, 2024 for the Share Market! - TaxGuru
WebbCase 3 – If an equity share is acquired on January 1st, 2024, at Rs. 500 and its fair market value is Rs. 300 on January 31st, 2024 and the share is sold on April 1st, 2024 at Rs. 600, the LTCG will be given by – Here, the fair market value on 31st January 2024 < … Webb25 juli 2024 · Actually data filled in 112A automatically gets filled in Table B4 of CG. My question is the shares bought and sold after 31.01.2024 will not qualify for Fair Market … citb hot works permit template
Fair Market Value of stocks on 31 Jan 2024 for LTCG
Webbför 2 dagar sedan · AB Capital Share Price: Find the latest news on AB Capital Stock Price. Get all the information on AB Capital with historic price charts for NSE / BSE. Experts & Broker view also get the AB ... Webbför 2 dagar sedan · Bank of Baroda Share Price: Find the latest news on Bank of Baroda Stock Price. Get all the information on Bank of Baroda with historic price charts for NSE / … WebbLong term capital gains (LTCG) of 10% have been imposed on equity in the Budget 2024.The fair market value will be calculated based on equity highest price of share on stock exchange on 31.1.2024 or when share was last traded. so everyone want to know what was highest price of share on 31st January 2024. so publishing NSE price here: citb housekeeping toolbox talk