profits from sales of shares

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SHASHI VARDHAN (Querist)
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21 July 2011 I got some profit on sale of my shares after 01 year. Kindly let me know the taxability of such profits.

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
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21 July 2011 If the shares were listed on a stock exchange and stt was paid at the time of sale, then the gain from shares is exempt from tax.

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