capital gain
This query is : Resolved
Prakash Rao
(Querist)
20 September 2017
we have unlisted shares purchased in the financial year 2014-2015 but where as other company alloted shares in the year 2015-2016
my qtn we have treat this above transaction to be taken as longterm capital or shortterm capital pl specify
Amol S Joglekar
(Expert)
20 September 2017
if period of holding is more than 3 years, it will be treated as long term.
Prakash Rao
(Querist)
20 September 2017
for the financial 2017-2018 they have amended onlyyears holding pl lookinto
Prakash Rao
(Querist)
20 September 2017
2years of holding is enough
Amol S Joglekar
(Expert)
21 September 2017
yes, for financial year 2017-18.....2 years
for financial year 2016-17....3 years
for financial year 2016-17....3 years
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