Long term capital Gains – benefit of exemption u/s 10(38) - sale ...

Sale of Unlisted Securities in 2005 Not Eligible for Tax Exemption u/s 10(38) of Income Tax Act.

February 7, 2012

Case Laws Income Tax AT

Long term capital Gains – benefit of exemption u/s 10(38) - sale of unlisted securities - sale made on 29/30.12.05 by transferring it to escrow a/c - the transaction undertaken by the assessee was not chargeable to STT. - Consequently, the assessee is not entitled to exclude the gains from his total income. .... - AT

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Long term capital Gains – benefit of exemption u/s 10(38) - sale ...

Sale of Unlisted Securities in 2005 Not Eligible for Tax Exemption u/s 10(38) of Income Tax Act.

February 7, 2012

Case Laws Income Tax AT

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