Capital gain on sale of shares of pvt ltd co.

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 May 2012 All share holders of My clientco. is selling shares of pvt ltd co. at premium. Shares he hold are more than 10 years. Now whether iindexation benefit will be available to them. Whether any tax liability of purchaser of shares will arise pl calrify

06 May 2012 Indexation benefit will be available.
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Tax liability may arise on Seller only and not on Purchaser.
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