What is an exact taxability on transfer of Shares of Unlisted Company?
Also weather there is any benefit available of indexation or not if yes what are scenarios in which it is available?
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Sale of Unlisted Company shares
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Summary: The transfer of unlisted shares is classified as a short-term capital asset if held for 24 months or less (taxed at slab rates) and a long-term capital asset if held for over 24 months (taxed at 12.5%). Indexation benefits are no longer available for transfers made on or after July 23, 2024.
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