Long Term Capital Gain
This query is : Resolved
15 March 2011
shares was sold to another person in bulk without stt whether falls under capital gains if so what %
15 March 2011
if the transfered shares are hold more than 12 month before the date of transfer without paying STT, the resultant gain should be subjected to capital gain tax. The calculation is as follows.
With indexation 20 % Tax and without indexation it is 10%
Exemption under 10 (38) will not be available. This exemption will not be extened to short term capital gain.
With indexation 20 % Tax and without indexation it is 10%
Exemption under 10 (38) will not be available. This exemption will not be extened to short term capital gain.
15 March 2011
Dear Sir,
Can u plz let me no under which sec it deals with
Can u plz let me no under which sec it deals with
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