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Tax of Capital Gain

santosh patil (Finance Professional) (270 Points)

18 October 2021  

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?


 5 Replies

Sourav (Student) (23912 Points)
Replied 18 October 2021

LTCG will arise

sabyasachi mukherjee (6774 Points)
Replied 18 October 2021

If it's an acquisition ot is a different story.

santosh patil (Finance Professional) (270 Points)
Replied 18 October 2021

acquired stake of 10%

shrawan choudhary (123 Points)
Replied 18 October 2021

LTCG for seller

SAURABH (ACCOUNT EXECUTIVE) (29 Points)
Replied 23 October 2021

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

 


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