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Sale of shares in unlisted company

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30 July 2024 Sir, one of my client sold his shares from one unlisted pvt.ltd company. I hope, now in his hand any profit on sale of such shares, he has to pay the tax it seems, kinldy enlighten me as to how to calculate the the profit on such sale of shares ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 July 2024 To calculate capital gains, subtract the cost of acquisition and sale expenditures from the sale price.
If an investor sells an unlisted stock that has been held for more than 24 months or two years, any gain from the sale is categorised as a Long-Term Capital Gain (LTCG).

LTCG earned from unlisted stocks is taxed at 20% with indexation. Indexation refers to a benefit where the cost of an investment is adjusted according to the inflation rate. This helps in reducing the overall tax incurred.
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