Profit Taxation of Listed /unlisted shares, bonds and debentures

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Daya

Daya (Querist)
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19 January 2023 Profit taxation of listed /Unlisted
Shares
Bonds and debentures
When to become STGC and LTGC.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 January 2023 Gains on unlisted shares are considered long-term if held for more than 24 months and are taxable at the rate of 20 per cent. Short-term gains on listed shares are taxable at 15 per cent and on unlisted shares are taxable at applicable slab rates.
Listed share held more than 12 months long term taxable at 10% with exemption upto 1 lac.
Only interest taxable on bonds and debentures.