Sale of shares held in physical form - usa?
whether DEMAT has to be done in order to execute the sale?
what are the tax implications of such sale for a person resident in india?
harry (Awaiting ca final results) (461 Points)
07 October 2009
Sahil
(CA FINAL)
(182 Points)
Replied 09 November 2009
Originally posted by :harry | ||
" | Sale of shares held in physical form - usa? Can shares of USA company which are held in physical form be sold? whether DEMAT has to be done in order to execute the sale? what are the tax implications of such sale for a person resident in india? |
" |
YES SHARES CAN BE SOLD IN PHYSICAL FORM TOO.
DEMATERIALISATION MAKE THE TRADING EASIER.