LTCG on listed shares sold - Exempt or taxable
This query is : Resolved
15 April 2008
Pls let me know, whehter LTCG on listed shares is Exempt or taxable under I-tax.
Pls give refernece of specific section.
Pls give refernece of specific section.
15 April 2008
LISTED SHARES SOLD ON RECOGNISED STOCK EXCHANGE AFTER MORE THAN 12 MONTHS HOLDING ON WHICH STT PAID ARE EXEMPT FROM LTCG.
R.V.RAO
R.V.RAO
16 April 2008
Yes. Exempt u/s 10(38)
16 April 2008
yes i agreed both o u
20 April 2008
exempt U/s 10(38)
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