CAPITAL GAIN
This query is : Open
27 January 2010
If Indian Citizen made Long Term capital gain out of sale of shares of foreign company.
1.What will be tax implication?
2.Is there any other provision which we needs to comply?
Can someone give me the actual section where can I get this answer.
1.What will be tax implication?
2.Is there any other provision which we needs to comply?
Can someone give me the actual section where can I get this answer.
27 January 2010
if the shares are not listed on any of the stock exchanges in India, then it is taxable @20% on LTCG+ surcharege(if applicable) + Edu. cess+ Hr. edu. cess
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