Hii I had a doubt in the listed preference shares we have before 22/7/24 that is before budget this provision but on or after 22/7/24 how to apply new AMENDMENT in this scenario plz guide me this is i

Rahul · 14 Apr 2025

Kk thx yeah the only whichever is less is for three conditions to be check u r right thx for this help

Priyanshu · 14 Apr 2025

Whichever is less type analysis is only for land and building not for shares or other assets

Priyanshu · 14 Apr 2025

But what is the purpose behind it means why you want to know in which case tax will minimum as there is no option for taxpayer to take option of 20% even though he undertake transfer after 23/7/24, it is only available in case of land and building only ,in case of shares you just have to compute tax at prescribed rate depending on the date of transaction there is no other option from which you have to select good one

Priyanshu · 14 Apr 2025

Here LTCG 112 will be applicable From 23/7/24 - 12.5%(without indexation) Before 23/7/24- 20%(with indexation)