Profit from sale of shares - LTCG or STCG - Benefit of ...
Income Tax
April 14, 2020
Profit from sale of shares - LTCG or STCG - Benefit of Indexation - the STT is to be paid only if the shares were sold in the stock exchange and since the assessee has not sold the shares on the stock exchange, according to him, the question of payment of STT does not arise. - Shares were held for more than twelve months and hence, the gain on sale of shares is to be treated as long term capital gain
View Source
