Capital gain on sales of shares
This query is : Resolved
16 February 2013
The Company Purchase Shares on F Y 2008-09 Slaes on F Y 2012-13 but STT is not suffered how to calculate Long term Capital Gain (If Indexation is Applicable OR Not ) & Tax Rate Please Suggest me
Thanking You
Thanking You
16 February 2013
It is a long term asset because in case of share 12 months time is considered for a long term assets.Tax treatment is following
1) If it is listed shre
tax rate is 10% without taking indexation.
2)if it is non listed shares
tax rate is 20%, take indexation benifit.
From the above tax rate add surcharge, Edu.cess and Highter Edu. cess
1) If it is listed shre
tax rate is 10% without taking indexation.
2)if it is non listed shares
tax rate is 20%, take indexation benifit.
From the above tax rate add surcharge, Edu.cess and Highter Edu. cess
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Bogus purchase treatment for it act gst dealer
- Gst input for FY 23-24
- Company registration : Rental agreement or NOC?
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
