Section 112A - Tax on long-term capital gains in certain cases

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....oriented funds and * units of the business trust. * Before Assessment Year 2018-2019, long-term capital gain tax on transfer of equity share, units of equity oriented funds and units of business trust was exempted as per provisions of section 10(38) - With effect from 1st April, 2018, provisions of section 10(38) will not be applicable to any income arising from transfer of equity share, units....

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....hose equity shares are not frequently traded in a recognised stock exchange of India is made through a preferential issue: - (b) where transaction for acquisition of existing listed equity share in a company is not entered through a recognised stock exchange in India. * This section is applicable from 1st April, 2018 (A.Y. 2019-2020). The transfer of equity share, units of equity oriented....

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....erm capital gains at the rate of 10% for any transfer which takes place before the 23rd day of July, 2024; and  * (b) on long-term capital gains, at the rate of 12.5% for any transfer which takes place on or after the 23rd day of July, 2024:  * the limit of Rs. 1,25,000/- shall apply on aggregate of the long-term capital gains under above clauses (a) and (b). * Upto 22/07/2024 * ....