Easy Office
LCI Learning

capital gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 March 2010 equity Share purchased before year 2004 and sold in year 2007 thru recognised stock exhange (STT Paid) are exempt from ? if yes under which sec



Regards

Divyesh
Profile Image

Abhishek Baheti

Profile Image

Abhishek Baheti (Expert)
31 March 2010 It would be exempt if sold after 1 year only. Hence it is exempt.It is exempt u/s 10(38)
Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
31 March 2010 agree with expert
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
31 March 2010 AGREE WITH ABHISHEK
Profile Image

divyesh

Profile Image

divyesh (Querist)
31 March 2010 Thanks all experts for prompt reply, I really admire caclubindia for sharing their expertise. Indeed very useful to persons like me.

With Regards
Divyesh

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links