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Tax on capital gain

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(Querist)
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.
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Sandeep Dharar

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Sandeep Dharar (Expert)
10 March 2014 It will be taxable under Long term capital gain.
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CA Deven

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CA Deven (Expert)
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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