tax on shares


This query is : Resolved 

28 December 2008 I purchase and sell shares so i am paying short term capital gain tax on the profits earned on selling of shares within one year my auditor has said that there is no tax if i have sold the share which was purchased i year back whether there is no long term capital gain tax like in properties i want to know

28 December 2008 You have an auditor.Consult with him and take his opinion.

28 December 2008 YOU SHOULD TRUST THE AUDITORS THEY ARE ALSO LEARNED PEOPLE WHO WILL NOT MISGUIDE YOU. THEY ARE RIGHT


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