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Unutilized BEL

Direct Taxation

Unutilized basic exemption limit is first used against LTCG OR STCG?


Harshitha Kalidindi

Harshitha Kalidindi

CA Inter

45K+

25-Jan-23 05:57

193

Answers (4)

Best Answer

Act has not stated any preference for utilisation of B.E.L , but in order to save Tax , LTCG u/s 112 shall be adjusted first than STCG u/s 111A


Varun Mulay

Varun Mulay

CA Inter

38K+

25-Jan-23 08:06

You should use the best tax saving option.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

25-Jan-23 09:22

CA Suraj Lakhotia Admin

You should use the best tax saving option.

That would be first against LTCG 112, STCG 111A , LTCG 112A order right


Thread Starter

Harshitha Kalidindi

Harshitha Kalidindi

CA Inter

45K+

25-Jan-23 16:59

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