Long term capital gain??

502 views 3 replies

Please tell me whether long term capital gain on sale of bonus shares is taxable or not?

Replies (3)

Taxable.....sale of shares are exempt from long term gain if security transaction tax is attracted

LTCG shall be taxable @ 20%. But if shares are sold through Recognized Stock Exchange, then LTCG shall be exempt u/s 10(38).

 

Regards,

Devendra K

For LTCG on Bonus shares:-

Full Value of Consideration                                              <amount recd on sale>

Less: Cost of Acquisition                                                  <NIL>

LTCG(if through RSE then exempt other wise taxable @ 20%)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details