Taxation of LTCG
This query is : Resolved
Querist : Anonymous
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?
Am I taxable for the same? If yes, what is the tax rate on the gains?
06 April 2010
No they are not taxable and they are exempt of tax.
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06 April 2010
Exempt from Tax
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