# grandfatheringrule
1 posts in `grandfatheringrule` tag
Understanding Section 112A: Tax Rules for Equity Investors
Section 112A of the Income Tax Act governs taxation of long-term capital gains on listed equity shares, equity-oriented mutual funds, and business trust units. It provides exemption up to 1,00,000 and levies 10% tax beyond that, without indexation benefit.
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By Krishna
