16 February 2013
The Company Purchase Shares on F Y 2008-09 Slaes on F Y 2012-13 but STT is not suffered how to calculate Long term Capital Gain (If Indexation is Applicable OR Not ) & Tax Rate Please Suggest me and How to Distributed in Profit on Directors, & if also Taxable in Director Side so please Suggest me
16 February 2013
In case of shares are not listed, indexation is allowed. Rate of Tax on Long Term capital Gains 20%. The Capital Gain will arise to the person who is a transferor /owner of the shares. .