Capital gains for shares

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1. If right shares are transferred in long term and STT has been paid, will the LTCG be exempt u/s 10(38)?
2. If right shares transferred in long term but STT not paid, then will the cost of acquisition be indexed?
3. Can there be LTCG on renouncing of right shares?
Replies (1)
 
 

1. If right shares are transferred in long term and STT has been paid, will the LTCG be exempt u/s 10(38)?

Yes, till AY 2018-19.

2. If right shares transferred in long term but STT not paid, then will the cost of acquisition be indexed?

Yes.

3. Can there be LTCG on renouncing of right shares?

No..

 

 


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