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Gain n Shate

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(Querist)
15 October 2017 if a person sale old share(listed) which was purchase 10 year ago as of now for RS.27 lack or more so he is liable for capital gain ?? or he can sale same share in small lot bifurcated to different other person so that capital gain reduced on particular person is that good for taxsaving while filing IT return or he can show on whole consideration for one person only without any problem while showing in IT return ???
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
15 October 2017 It will be shown as LTCG from Listed Equity Share and it will be emempt u/s 10(38)
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
15 October 2017 Capital gains on sale of listed equity shares on which securities transaction tax has been paid, is exempt
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