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Regarding capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 July 2011 Sale/tranfer of shares of private limited company whether taxable?
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U S Sharma

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U S Sharma (Expert)
17 July 2011 yes, its taxable
below 12 months STCG
above 12 months LTCG

sec 111A and 10(38) not available for pvt ltd shares,
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CA. Krishna K Neeraj

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CA. Krishna K Neeraj (Expert)
18 July 2011 Yes it is taxable.....






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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
18 July 2011 Yes I also agree with the experts as the Shares of Private Limited Companies are not traded in stock exchanges.

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