Long-term capital gains deduction scales by asset type and holding period, creating a graduated allowance under tax law.

The Twelfth Schedule establishes a graduated deduction framework for long-term capital gains under section 80T, differentiating between gains from buildings, lands or rights and gains from other capital assets, and prescribing percentage-based deduction rates tied to five holding-period brackets ranging from more than three years to more than twenty years.

---

---

---