Capital gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2013
Dear friends/members i have a query on capital gains. During the F.Y 2012-13, shares of a unlisted Company were sold for Rs.250 each share. The actual buying rate of the same is Rs.145 in the year 2009-10. Please advise me the tax treatment of the above transaction along with tax planning.
Anil Sankar V
(Expert)
08 May 2013
it is LTCG, 115/share is taxable .Tax planning is invest in bond u/s 54 EC or sec. 54F
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