whether Section 112A and Section 112 are optional
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....hether Section 112A and Section 112 are optional<br> Query (Issue) Started By: - abhishek Mittal Dated:- 11-9-2022 Last Reply Date:- 22-9-2022 Income Tax<br>Got 1 Reply<br>Income Tax<br>In case of sal....
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....e of listed securities when STT is paid on acquisition and transfer(sale) whether its optional for assessee to choose section 112 (having indexation benefit) or section 112A(without indexation) for ta....
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....xation. section 112A start with "notwithstanding anything contained in section 112" hence in my view it override the section 112 hence incase of listed securities when STT is paid its mandat....
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....orily fall in section 112A and assessee cannot choose section 112 (indexation benefit). Please provide your opinions. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view your opinion is correc....
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