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?
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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)? 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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