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Shares not listed in India

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(Querist)
24 August 2009 What is the period for shares not listed in India to be considered as Long Term Capital Asset?
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
24 August 2009 1 Year
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Renuka Prasad.R

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Renuka Prasad.R (Querist)
24 August 2009 is it not 3 years? Because shares listed outside the country will not be considered as financial instruments.
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