This discussion clarifies how the holding period for capital gains tax is calculated when shares are purchased while unlisted and subsequently become listed. The key point is that the holding period starts from the date of purchase, regardless of when the shares were listed. This impacts whether the gain is considered short-term or long-term, with long-term gains typically applying if held for at least one year from the purchase date.
09 April 2025
Unlisted share purchased but after some time it got listed , What will be the holding period of computation of capital gain Means Short Term capital Gain and Long Term capital gain