Long term capital gain??

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
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details