Section 112A: Long-Term Capital Gains on Equity Shares

Gains on sale of listed equity shares or equity-oriented mutual fund units held beyond 12 months are taxed under Section 112A at the notified rate after the annual exemption limit.

Investor checklist

• Confirm STT was paid on acquisition and sale
• Apply exemption up to ₹1.25 lakh per year (verify current law)
• Import broker P&L and contract notes into ITR-2
• Set off and carry forward capital losses per schedule rules

See MF & shares CG guide, F&O tax guide, and capital gains filing.

Need professional help in Coimbatore? Future Tax offers GST, income tax, audit, and company registration. Call +91 94454 38387.