Regarding capital gain

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Querist : Anonymous (Querist)
16 July 2011 Sale/tranfer of shares of private limited company whether taxable?

17 July 2011 yes, its taxable
below 12 months STCG
above 12 months LTCG

sec 111A and 10(38) not available for pvt ltd shares,

18 July 2011 Yes it is taxable.....







18 July 2011 Yes I also agree with the experts as the Shares of Private Limited Companies are not traded in stock exchanges.


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