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capital gains

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(Querist)
06 February 2011 hi everyone..
i have read diff opinions on this platform abt cap gains on UNLISTED shares....

pl clarify....
[1] holding period for ltcg
[2] ltcg.. 10 % without index ?
[3] ltcg 20 % with index ?
[4] indexation allowed or not ?

thx in advance ....
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
06 February 2011 1) More than 12 months. This is as a corollary to section 2 (42A) of the Income tax Act,1961.
2) Not allowed.
3) Allowed.
4) Allowed.
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