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
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
