10 (38)

Amendment as per Finance act 2018, refer sec. 112A ...

The amendment is effective from AY 2019-20.

So, for AY 2018-19... exemption u/s. 10(38) is available.

Read:: act...

(38) any income arising from the transfer of a long-term capital asset, being an equity share in a company or a unit of an equity oriented fund or a unit of a business trust where—

(a)  the transaction of sale of such equity share or unit is entered into on or after the date on which Chapter VII of the Finance (No. 2) Act, 2004 comes into force; and

(b)  such transaction is chargeable to securities transaction tax under that Chapter :