Capital gains on sale of pvt Ltd company
This query is : Resolved
Quick Summary
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?
Can the experts give their opinion on this plea?
30 December 2021
After deduction of indexed cost 20% tax payable on capital gains.
31 December 2021
Thank you sir...... thank you for the explanation.
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