Long term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2014
If a private limited company makes a profit of around 5 lacs on sale of shares which it has been holding for more than 5 years then what will be the tax treatment for the same?is there any recent case law in this respect?kindly tell me.
03 March 2014
If the shares are sold on a stock exchange, then the LTCG is EXEMPT.
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