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agreed with Mr. Chirag...
The income to be exempted under Sec 10(38), should be STT suffered at the time of sale of shares.
You can also refer to our detailed videos at www.corporateeducation.in to learn more about income from Capital Gains
Agree with Mr. Chirag
if at the time of sell if you pay stt .............then this ltcg is tax free ......... there is no prov. to pay stt at the time of purchase.
yes, i am also agree with Mr. Chirag
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