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capital gain

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(Querist)
02 July 2009 if long term capital gain arises out of sale of share or equity mutual funds,in this case we have to pay tax on LTCG or not?
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NITIN

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NITIN (Expert)
02 July 2009 LTCG on securities is exempted provided conditons mentioned u/s 10(36)or 10(38) is fullfilled otherwise tax is require to paid @ mentioned u/s112
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
02 July 2009 agree
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
02 July 2009 agree

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