Capital gains on unlisted company shares

12451 views 3 replies

hi

My client has had a pvt company since 2004 march .

He has just sold his shares and has had a capital gain of 1266000.

What will be his tax liability , 10% or 20%  and can he use the indexing benefit to save tax 

Regards

 

Replies (3)

/forum/long-term-capital-gain-on-unlisted-shares-46852.asp

refer to the link.......... u will find ur answer

If shares (listed or unlisted ) are held by the tax payer for more than 12 months, then gains arising from their sale  are treated as long term capital gains. If the period of holding is lower, then such gain is treated as short term capital gains. 

tax rate on unlisted shares- LTCG @ 20%with indexation and in case of STCG -normal slab rate 

in this case , Long term capital gains @ 20% with indexation 

20 %...indexation is available..

10% is available in case of listed shares sold outside the exchange if indaxation benefit is nt taken...its optional...bt in dis case 20% rate is applicable...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details