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Long term capital gains on private limited company sahres (Income Tax)

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This query is : Resolved

Author : Anonymous

( Author )
26 February 2013

What is the tax rate on long term capital gains arising out of sale of a private limited company shares. Can I pay tax @ 10% with out claiming indexation benifit on cost of purchase.


CA Suraj Lakhotia

( Expert )
26 February 2013

Proviso to section 112 applies to listed securities.

Paying tax @ 10% without claiming indexation benefit would not be applicable to shares in a private company.


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