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Capital Gain tax

Gautam Burse (software architect) (26 Points)

04 June 2011

I wan to know what type of investments can be made, from income from Long term capital gain , to save capital gain tax.

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8 Replies

CA RK RATHI (CA) (29 Points)
Replied 04 June 2011

ITS DEPEND ON WHAT TYPE OF ASSETS YOU HAVE SOLD

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Gautam Burse (software architect) (26 Points)
Replied 04 June 2011

Originally posted by : CA RK RATHI
	ITS DEPEND ON WHAT TYPE OF ASSETS YOU HAVE SOLD

From selling Share/stock.

Rajnikant Vadigoppula (CA, CS And CMA Final) (919 Points)
Replied 04 June 2011

INVEST IN SHARES /STOCK

CS,CA F,Numrologi TusharSampat (CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert) (85930 Points)
Replied 04 June 2011

IF its a long term gain & STT has already been paid then its exempted u/s 10(38).

Can make use of SEC 54EC if its a long term capital gain bt not exempted u/s 10 (38).

Require more details for Perfect advise.

Gautam Burse (software architect) (26 Points)
Replied 04 June 2011

I am not sure what is STT and if its paid or not! How can I find?

What mor info needed ? Please let me know I will provide!

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Souvik Kumar Ghosh (CA Final) (1368 Points)
Replied 05 June 2011

Originally posted by : TusharSSampatM.Com CA,CS-FINAL
	IF its a long term gain & STT has already been paid then its exempted u/s 10(38). Can make use of SEC 54EC if its a long term capital gain bt not exempted u/s 10 (38). Require more details for Perfect advise.

Agreed.

Rajnikant Vadigoppula (CA, CS And CMA Final) (919 Points)
Replied 05 June 2011

STT means securities transaction tax which is levied on shares which are listed in recognised stock exchange

Sambhav (B.com(D.U)CA-Ipcc-final) (65 Points)
Replied 06 June 2011

PM me on the kind pf asset you have sold .

i will help you on that basis.

there are different treatments to different capital gains.

Suppose if you have sold a house and on the contrary you have sold some Shares .... both the assets are to be treated differently in case you want to save taxes.

Clear your query .

provide me with all relevat details to me to help you!

Cheers!