Capital Gain on non listed company share

hiiiiiiii

Capital gain is determined as is the case in transfer of any financial instrument but only drawback is LTCG on transfer of listed securities is exempted from tax and you cannot claim it as these are unlisted securities

Originally posted by : ravitheja
	hiiiiiiii Capital gain is determined as is the case in transfer of any financial instrument but only drawback is LTCG on transfer of listed securities is exempted from tax and you cannot claim it as these are unlisted securities

Listed securities are exempted from tax only if STT is paid i.e they are transferred via stock exchange. If its a off market transaction then they are chargeable to tax

Can we avail indexation benefit is available on sale of Unlisted Foregin Shares???