Dear Sirs,
Please inform us, what is applicable income tax rate on capital gain on sale/transfer of UNLISTED Co Shares, is it 20% or 10%.
Kindly advise me.
Thanks & Regards
Venu
Menu
Income tax rate on Unlisted Share selling
Replies (2)
For RESIDENT INDIAN its 20% with indexation benefit.
As per Sec. 112 IT act, for NON-RESIDENTS its 10% without indexation...
Thank you very much Sir
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
