08 May 2012
I have purchase before 14months a private limited company share by account payee cheque. then the private limited company marge with a limited company, now the limited company was issue a fresh equity share on january 2012 and the new share deposit in my d-mat account on axis bank ltd. in this time i have decide that the materialized share will be sold through broker. the capital gain is taxable? please help me for taxation.
CAclubindia
