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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2012 Society is registered in charity commissioner office.

society recived shares of various companies
(because of trusty will probate.)
If society sell these shares in the stock market with in month,
can short term capital gain attract?
society exmpted for I.Tax.

somebody suggested if society invest whole consideration for six months no capital gain attract,refer 1994 circular.any body you have this circular please forward.
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2012 Dear experts,
your opinions please.
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2012 require Trust capital gain rules.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
18 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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