Taxation on sale of shares having holding period of more than 36 months
Neeraj negi (Article) (21 Points)
26 December 2016Neeraj negi (Article) (21 Points)
26 December 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160292 Points)
Replied 26 December 2016
Long Term Capital gain on sale of unlisted securities (held more than 36 months) attract a long term capital gain tax at the rate of 20 per cent (plus cess) with indexation benefit.