Exemption limit if LTCG computation in 115BAC Vs Classic 112
Exemption limit under Long-Term Capital Gains computation in 115BAC Vs Classic 112 Income tax Basic Exemption Limit Under Income Tax Law Becomes INR 2,50,000/- When Indexed Long-Term Capital Gains Is Chosen (Even in New Regime u/s 115BAC) : The “higher basic exemption limit of INR 3,00,000/- or INR 4,00,000/-” under the new regime does not …