Long term capital gain on shares

Others 458 views 1 replies

Hello,

If a person purchased shares of a non listed company for Rs. 40  per share in FY 2010-11 and sold it for Rs. 100 per share in FY 2014-15, then what will be capital gain?

Please tell me about capital gain implication on this share.

Thanks 

Sanjay Bhagat

 

Replies (1)

It would be LTCG and taxable @ 20%


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