Capital Gain
This query is : Resolved
Bharat Kumar
(Querist)
19 July 2010
Dear Sir,
If the shares of the company is listed under any International stock exchange than is the long term capital gain arises on these shares is taxable or exempt?
If the shares of the company is listed under any International stock exchange than is the long term capital gain arises on these shares is taxable or exempt?
Aditya Maheshwari
(Expert)
19 July 2010
It is taxable as no STT is paid on sale and not covered in Section 10(38) also.
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