Profit on sale of shares as LTCG instead of STCG – donation is ...

Income Tax

August 6, 2014

Profit on sale of shares as LTCG instead of STCG – donation is to be construed as a form of gift - Since the shares constitute a capital asset, it is but natural that on their transfer, the provisions of section 49(1) would be attracted - AT

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Profit on sale of shares as LTCG instead of STCG – donation is ...

Income Tax

August 6, 2014

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