Units of a business trust are transferred after 14 months. The Capital gains of ₹ 1,80,000 arising in the transaction shall be taxable as:
A. STCG @ 1596
B. LTCG@20%long termas transferred after 12 months.
C. STCG at normal slab rates.
D. LTCG @ 1096 on 80,000
Answer:A
Units of a business trust are transferred after 14 months. The Capital gains of ₹ 1,80,000 arising in the transaction shall be taxable as:
A. STCG @ 1596 B. LTCG@20%long termas transferred after 12 months. C. STCG at normal slab rates. D. LTCG @ 1096 on 80,000