capital gain


This query is : Resolved 

(Querist)
31 March 2010 equity Share purchased before year 2004 and sold in year 2007 thru recognised stock exhange (STT Paid) are exempt from ? if yes under which sec



Regards

Divyesh

31 March 2010 It would be exempt if sold after 1 year only. Hence it is exempt.It is exempt u/s 10(38)

31 March 2010 agree with expert

31 March 2010 AGREE WITH ABHISHEK

divyesh (Querist)
31 March 2010 Thanks all experts for prompt reply, I really admire caclubindia for sharing their expertise. Indeed very useful to persons like me.

With Regards
Divyesh


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