Longterm capital gain
Prakash Rao (226 Points)
21 September 2017my qtn is whether it is long term or shortterm pl specify rate of tax
Prakash Rao (226 Points)
21 September 2017
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8737 Points)
Replied 21 September 2017
If unlisted share are sold after 36 month than LTCG, if sold less the 36 month than STCG.
In you case as share are sold for less then 36 month, so STCG
Prakash Rao
(226 Points)
Replied 22 September 2017
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8737 Points)
Replied 22 September 2017
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