Capital gain
Sir
Shares were purchased in physical form in 1992 and later demated and then sold in 2014.
My query is whether sec 10 (38)exemption applies for shares purchased in physical form prior to 1/10/2004 and sold later.
Thanks
Harshad jambotkar
Replies (1)
Yes, long terms gain will be exempted on Sale ( through a Stock exchange) u/s 10(38)
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