Taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2014
how will we determine that whether short term or long term capital gain will arise in case when right on share is renounced in favour of any other person?
please answer asap..
please answer asap..
15 November 2014
just count from the date on which right was acquired to the date on which right was announced. if the period exceeds 3 years, it will be LTCG.
Message likes :
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15 November 2014
just count from the date on which right was acquired to the date on which right was announced. if the period exceeds 3 years, it will be LTCG.
Message likes :
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