15 November 2014
how will we determine that whether short term or long term capital gain will arise in case when right on share is renounced in favour of any other person?
15 November 2014
just count from the date on which right was acquired to the date on which right was announced. if the period exceeds 3 years, it will be LTCG.
15 November 2014
just count from the date on which right was acquired to the date on which right was announced. if the period exceeds 3 years, it will be LTCG.