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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2014 HOW TO COMPUTE CAPITAL GAIN TAX ON STT PAID EQUITY PURCAHSED FROM BSE OR NSE MARKET.

IS THE LONG TERM CAPITAL GAIN IS TAX FREE FOR SHARES OR NOT ?

WHETHER THE CALCULATION WITH INDEXATION OR WITHOUT WHICH IS PREFERABLE ?

27 July 2014 yes, long term capital gains from sale of shares where STT is paid, is exempt from taxation.



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