Purchase different share before 2004 and sell in the year April'2015 and amount credited near about 8,55,512/- after necessary demat charges.What will be long term capital gain for crediting such amount.
2 Replies
Varun
(Article Assistant)
(56 Points)
Replied 09 May 2017
LTCG will be amount credited less cost of shares purchased and
less: expenses for Demat charges
less: expenses for Demat charges
CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 09 May 2017
Cost of shares to be indexed. U may claim exemption of whole LTCG u/s 10(38) if transaction is made through stock exchange & STT paid by u on it
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