Capital gains on sale of shares

Tax queries 166 views 2 replies

Can anybody clarify the Capital Gains in case of sale of shares of a Mauritian Company by and Indian Company to a Mauritian resident

Replies (2)
u can calculate capital gain and if it is long term capital gain then u have to pay 20 percent tax otherwise if it is short term capital gain u will have to include it in your total income under the head other sources if not listed

Thanks and sorry for the delayed response


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