Mrs. Lakshmi purchased shares of ABB Ltd. for ₹ 5 lakhs on 3rd April 2018. The shares were sold on 5th June 2020 for ₹ 7 lakhs. She paid STT of ₹ 700 and brokerage of ₹ 500. Capital gain chargeable to tax:

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Question:Mrs. Lakshmi purchased shares of ABB Ltd. for ₹ 5 lakhs on 3rd April 2018. The shares were sold on 5th June 2020 for ₹ 7 lakhs. She paid STT of ₹ 700 and brokerage of ₹ 500. Capital gain chargeable to tax:

1.Nil, as it is exempt u/s 10(38)

2.@ 10% u/s 112A without the benefit of indexation

3.@20% u/s 112 without the benefit of indexation

4.@ 10% u/s 112A with benefit of indexation

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  1. Mrs. Lakshmi purchased shares of ABB Ltd. for ₹ 5 lakhs on 3rd April 2018. The shares were sold on 5th June 2020 for ₹ 7 lakhs. She paid STT of ₹ 700 and brokerage of ₹ 500. Capital gain chargeable to tax:
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