Long term and short term
This query is : Resolved
04 May 2013
I was holding shares of private limited company in my name which i sold it in f.y.11-12, my purchase of the shares were 2 yrs before. now i wanted to know whether my sale on shares will be treated as long term or short term gain. kindly suggest.
04 May 2013
long term
in case of shares, after 1 year they become long term.
in case of shares, after 1 year they become long term.
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