Assumption Dought

CS BHAVIK HARSHAD SHAH (Company Secretary) (1662 Points)

28 April 2011  

Hi Friends,

In RTP OF IPCC of last attemp in tax their is one qestion regarding set off & carry forwards.

in that they only give LONG TERM CAPITALO GAIN ON SALE OF SHARES.

they only given this line so  made asumption of it is exempted becoz stt paid & it is listed in recognised stock exchange

but when i saw the solution they made the assumption of it is not listed & STT is not paid

so please help me how made assumption in exam......

Thanks