banner_ad

Capital gains on sale of pvt Ltd company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 December 2021 A client sold the shares of a private limited company and earned Rs 25 lakhs as profit . These shares were purchased three years back. What is the taxation procedure on this profit? What is the rate of tax on the profit?

Can the experts give their opinion on this plea?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
30 December 2021 After deduction of indexed cost 20% tax payable on capital gains.
Profile Image

UBEIDULLA

Profile Image

UBEIDULLA (Querist)
31 December 2021 Thank you sir...... thank you for the explanation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details