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Tax of Capital Gain

Tax queries 410 views 5 replies

If a private limited company buys shares of another private limited company. What is the tax implication if it is sold at a profit after 3 years?

Replies (5)
LTCG will arise
If it's an acquisition ot is a different story.

acquired stake of 10%

LTCG for seller

No capital gain will Arise.. since its a Pvt. limited company..not a listed company.

 


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