24 January 2021
Mr.X has sold his shares in Private Limited Company and earned Long term Capital gain of Rs. 75 lakhs in Dec 2020
1) What is the rate at which tax to be paid 10% or 20% 2) He has constructed the house and paid around Rs.40 lakhs for construction from Jan 2020 to Dec 2020. Whether this amount can be claimed as exemption. 3) In what way he can save the tax
CAclubindia
