Long term capital gain tax on sale of unlisted shares

Hi,

 

Please let me know how we can save Long term Capital gains tax on Sale of Shares in a Pvt Ltd Company.  I have gone through the provisions but it says about purchase of home, investing in infrastructure bonds etc.  

 

Please let me know all the options available for saving tax on Long term Capital gains.

 

Thanks in advance

Replies (3)

If you have LTCG, then following possibilty open for you to save your LTCG tax:-

1) Through the provision of  various Sec 54

2) Set off your LTCL, if possible 

 

Sir,

 

1. We dont have any LTCL

2. Sec 54 of IT Act talks about only LTCG arising from sale of house

 

In this LTCG are arising from sale of unlisted shares, what are options available to save tax on this.

 

I mean to say the provision of following relevant sec of 54

54EC.  Where the capital gain arises from the transfer of a long-term capital asset  and the assessee has, at any time within a period of six months after the date of such transfer, invested the whole or any part of capital gains in the long-term specified asset

54F.  the capital gain arises from the transfer of any long-term capital asset, not being a residential house  and the assessee has, within a period of one year before or two years after the date on which the transfer took place purchased, or has within a period of three years after that date constructed, a residential house (hereafter in this section referred to as the new asset), 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details