Computation of Long term capital gain

This query is : Resolved 

29 May 2010 We were having Equity Shares in a Private Limited Company in earlier years and all these Shares have been sold in the Financial Year 2009-2010. Whether Long Term Capital Gain is to be paid on sale of these Shares held in a Private Limited Company? Whether the benefit of Indexation will be available to the Assessee? What will be the Tax Rate - 20! How the Long Term Capital Gain is to be calculated - (whether as being calculated in case other than Shares). These Shares are not Marketable. Kindly advice.

29 May 2010 Benefit of Indexation will be available to the Assessee

Tax Rate - 20

Long Term Capital Gain is to be calculated - as being calculated in case other than Shares


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details