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Capital gain

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Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2015 i HAVE RECEIVED CAPITAL GAIN ON LIQUIDATION OF FOREIGN COMPANY SHARES AS THE COMPANY WAS CLOSED , ON ORIGINAL PRICE NO PROFIT OR GAIN AS MYSELF AND MY WIFE ONLY SHARE HOLDERS.

LONG TERM CAPITAL GAIN SHARES HELD FOR 13 MONTHS AND WERE LISTED IN THE GOVT SHARE REGISTRY OF THE COUNTRY CONCERNED

HOW CAN I SAVE FULL LONG CAPITAL GAIN CAN I INVEST FULL AMOUNT IN NHAI OR RURAL ELECTICITY BONDS ETC

WHAT ARE OTHER OPTIONS

Nikhil Kaushik

Nikhil Kaushik (Expert)
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04 December 2015 first you need to check when you sold the shares. Unlisted shares sold after 10 July 2014 require holding of more than 36 months to be considered as long term assets

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