Income from the gain on sale of shares was exempt until FY 2017-18. From the current FY 2018-19 the same has become taxable w.e.f 1st April 2018. Therefore, in the upcoming tax filing, the tax will be calculated according to the revised provisions.
The provisions w.r.t to tax on sale of shares has become a little complex due to the transitioning provisions.
Simply put, it states that if you sell your old shares, by old it means the shares bought before 1.02.2018 before 1.4.2018, then the s
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