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Taxation of LTCG

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 April 2010 I am resident Indian and I work in Delhi. I bought some shares of my employer which are not listed in India (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?
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CA Shiv

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CA Shiv (Expert)
06 April 2010 No they are not taxable and they are exempt of tax.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
06 April 2010 Exempt from Tax
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