Hello,
If a person purchased shares of a non listed company for Rs. 40 per share in FY 2010-11 and sold it for Rs. 100 per share in FY 2014-15, then what will be capital gain?
Please tell me about capital gain implication on this share.
Thanks
Sanjay Bhagat
It would be LTCG and taxable @ 20%
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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