Physical shares
This query is : Resolved
15 November 2014
Hi my uncle is holding physical shares of sun pharma since 1987, They wanted to transfer in demat form and want to sell them, is their any tax liabilities will happen,
Amol S Joglekar
(Expert)
18 November 2014
Send the shares for D mat. Long term capital gain on shares...is exempt.
Rupesh Jain
(Expert)
26 November 2014
YOU HAVE TO TFR IN DEMAT FORM THEN YOU SELL AND LONG TERM CAPITAL GAIN WILL EXEMPT FROM TAX.
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