Hello,
I have a Pvt Ltd Co., i had made Investments in Unquoted Shares of other Pvt Ltd Co. to the tune of 1 crore Aug 2011 In F.Y. 2014- 2015 i sold my Investments of FV Rs. 61 lakhs at Rs. 6.10 lakhs to other Party there by receiving 54.90 lakhs less..
What are the tax implications in relation to income from capital gains and business & profession...???
pls guide...its Urgent and imp.
Menu
Sale of Investment in Unquoted Equity Shares of Pvt Ltd Co.
Replies (1)
Its a long term capital gain loss which shall be set off against any other long term capital gain or carried forward for 8 years.
Recent Topics :
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
Related Topics :
CAclubindia
