Tax on capital gain
This query is : Resolved
10 March 2014
i purchased shares 2 years back. after two year i sold the shares. pls advise about income tax on profit pn shares. how i wil treated in computation. profit is taxable or it become long term capital gain. pls advise.
10 March 2014
It will be taxable under Long term capital gain.
10 March 2014
Long Term Capital Gain on Shares is EXEMPT u/s 10(38) if STT paid on such shares. So it is NOT TAXABLE
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