Long term capital gains tax on sale of shares
This query is : Resolved
16 April 2018
Original cost per share. Rs.500/-
Value as on 31.01.18. Rs.1,970/-
Sale value today. Rs.1,850/-
On above transaction whether any long term capital gains tax payable ?
Or any loss that can be c/f
Value as on 31.01.18. Rs.1,970/-
Sale value today. Rs.1,850/-
On above transaction whether any long term capital gains tax payable ?
Or any loss that can be c/f
16 April 2018
NO LONG TERM CAPITAL GAIN , AS COST OF AQISITION HAS BEEN GRANDFATHERED TILL 31-01-2018.
NO c/f loss also
NO c/f loss also
16 April 2018
since the original cost is above the sale price, there is no carry forward.
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