banner_ad

Capital Gain

Others 214 views 2 replies
User Avatar

8 Points Posted on 26 September 2019
Respected Sir / Madam

I have a query regarding capital gain. A pvt ltd company sold unlisted shares in long term basis. My query is which is the special taxation rate is applicable. Is it 10% or 20%
1 Reply Share Follow
On 26 September 2019 at 17:27 Report
Replies (2)
User Avatar

6 Points Posted on 26 September 2019
Long Term Capital Gain on unlisted share was taxable at the rate of 20 % and holding should be more than 24 month for long term capital gain.
Reply
On 26 September 2019 at 18:29
User Avatar

17264 Points Posted on 26 September 2019
The LTCG arising from transfer of unlisted shares, whether in demat form or physical form, after holding them for a period of more than 24 months, shall be chargeable to tax at the rate of 20 per cent with indexation
Reply
On 26 September 2019 at 18:34


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details