IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Capital gains

Direct Taxation

In question 3 provided in the questions In listed securities we can take benefits of the indexation if the rate is 20% and no indexation if the rate is 10%. So how we can take it without indexation benefits in case of listed debentures Indexation benefits not available for the securities under section 112A Rite ? Can you plzz reply This is indexation benefits is confusing.

Swathi Krishna

CA Final

★ 8K+

13-Oct-20 00:55

315

Answers (2)

For listed securities (other than a unit) or zero coupon bond You have to compute tax liability without indexation and with indexation. Pay lower of two.