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Member of co operative bank share taxable

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(Querist)
28 July 2016 is co-operative bank member give his share back to his bank and earn some money eg. at the time of purchase 100000 and he sold at 900000 = he earn 800000 profit is this taxable
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Amol S Joglekar

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Amol S Joglekar (Expert)
02 August 2016 yes, it is taxable under capital gain.

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