LTCG - Bonus shares - Shares acquired by way of foreign exchange ...

Foreign exchange shares, including bonuses, qualify for 10% long-term capital gains tax under Income Tax Act section 115E.

November 3, 2017

Case Laws Income Tax AT

LTCG - Bonus shares - Shares acquired by way of foreign exchange fall within the definition of foreign exchange asset u/s 115 E(b) and the assessee is eligible for a concessional rate of 10% u/s 115E

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LTCG - Bonus shares - Shares acquired by way of foreign exchange ...

Foreign exchange shares, including bonuses, qualify for 10% long-term capital gains tax under Income Tax Act section 115E.

November 3, 2017

Case Laws Income Tax AT

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