The Hidden Cost of Selling Gifted Shares: Why You Might Lose a ₹1.25 Lakh Exemption
Why a Taxpayer Will Not Get the ₹1.25 Lakh Exemption on Selling Gifted Shares A common query among taxpayers involves the sale of gifted shares and the eligibility for capital gains tax benefits. While it’s often assumed that the ₹1.25 lakh exemption on long-term capital gains (LTCG) under Section 112A is straightforward, a critical condition … Read more
