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Long Term capital Gain Under Sec 10(38)

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(Querist)
27 June 2009 Hai all ,

Under the above section ( Section 10 (38)) , kindly clarify , if the entire amount of Long term capital gain exempted ? If there is any new amendments , let me know?
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CA.SHAHZAD SAYYED

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CA.SHAHZAD SAYYED (Expert)
27 June 2009 Dear Aruldas
if LTCG arises from Sale of Securities, Shares in Recognised Stock Exchange then entire Gain are exempted u/s 10(38)
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
27 June 2009 entire amount is exempt
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ARULDAS V

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ARULDAS V (Querist)
02 July 2009 Thanks

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