capital gain

This query is : Resolved 

11 December 2010 Whether share of Rs. 10 sold @ 2 what will be the tax liabilty in the hand of seller and purchaser and fair market value of shares is also Rs. 10/-

11 December 2010 No tax liability for any one.

11 December 2010 No tax liability.., rather such capital loss can be carried forward to next year for set off...




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