Income arising from unlisted shares taxable under capital gains



Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th May, 2016 Subject: Taxability of Income/Loss arising from Transfer of Unlisted Shares-reg. CBDT, vide order dated 2nd May, 2016 has given direction to field formation, with a view to avoid disputes/Litigation and to maintain uniform approach that the income arising from transfer of unlisted shares, irrespective of period of holding, would be taxable under the head Capital Gain e
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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