Section 112A under the
Income-tax Act, 2025
Tax on long-term capital gains on listed equity/equity-oriented funds (STT-paid)
Topic
Tax on long-term capital gains on listed equity/equity-oriented funds (STT-paid) — Capital gains provisions under the Income-tax Act, 2025 (Act 30 of 2025).
What carried over
The substance of this provision was not changed by the re-write. What moved is the citation.
Overrides s.197 (old 112) in the same way 112A overrode 112. The exemption threshold and rate carried over from the 1961 position as amended.
Source
ICAI concordance row '198 | Tax on long-term capital gains in certain cases. | 112A'; verified against bare text of s.198(1) ('Irrespective of anything contained in section 197...'). Corroborated by CAclubindia ('S. 112A -> S. 198').
CBDT publishes its own correspondence utility on incometaxindia.gov.in and that is the authority. Spot-check anything high-stakes there before you rely on it.
This is a navigational aid for the 1961 → 2025 transition, not tax advice. It helps you find the right place in the new Act when you already know the old section. Confirm every citation against the bare Act and against CBDT's own correspondence utility before relying on it in a return, certificate, notice reply or opinion. The source text used here is the Act as passed, so any rate or threshold amended by the Finance Act, 2026 is not reflected; section numbers are unaffected.