tax treatment for resident Indian
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 March 2010
I am resident Indian and I work in Delhi. I bought some shares of my employer (listed in the US) in 2002. Sold the shares in 2009.
Am I taxable for the same? If yes, what is the tax rate on the gains?
Am I taxable for the same? If yes, what is the tax rate on the gains?
15 March 2010
the nature of income is long term capital gain, tax rate is 10% without indexation otherwise 20%, and also check if he is also listed in India and STT had deducted in the same then no capital gain payable
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2010
What if the shares are not listed in India? What shall be the tax treatment in such a case?
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