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Capital gains

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(Querist)
27 June 2014 Can i invest long term capital gain in shares in fixed deposits?STT has been paid on shares
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
28 June 2014 long term capital gains from shares, where STT has been paid are exempt from long term capital gains tax. You may do whatever you wish to with the proceeds...
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Rupesh Jain

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Rupesh Jain (Expert)
28 June 2014 after payment of
STT profit on sale of share are exempt u/s 10(38). you can use this money as you want.
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CA Ratan kandare

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CA Ratan kandare (Expert)
29 June 2014 Rupesh is Correct.
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