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About Capital Gain

This query is : Resolved 
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(Querist)
04 August 2017 Dear sir I want to know that if I sale share which I was purchase 20 year ago but I do not show anywhere but I want to sale now so is that capital gain I shall pay on the same ???? or it is exempt in income-tax (Long term Capital Gain)
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
04 August 2017 If the shares are listed on stock exchange and you have paid Security Transaction Tax on such transactions, long term capital gains are exempt
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
04 August 2017 LTCG is exempted u/s 10(38) if STT is paid on sale of shares & sale is made through recognised stock exchange.
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