Section 112 - Tax on Long Term Capital Gains

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..... ll be the aggregate of,- (a) In case of an individual or HUF being resident , the amount of income tax calculated on long term capital gain shall be 20%. Adjustment of Unexhausted Basic Exemption Limit Benefit of slab rate is available on such LTCG in case of resident individual or HUF i.e. not available to non-resident. (b) In case of a Domestic company , the amount of income tax calculated on lo .....

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..... he provisions of the second proviso to section 48 (i.e. with indexation) , of applicable or 10% of LTCG without giving effect of the provisions of the second proviso to section 48 (i.e. without indexation). Any LTCG arising on transfer of unit of a Mutual Fund specified under clause (23D) of section 10 , during the period beginning on the 1st day of April, 2014 and ending on the 10th day of July, .....

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