Income Tax Rates in India for sale of shares in a Pvt. Limited Company?



WHAT IS THE INCOME TAX APPLICABLE ON SALE OF SHARES OF PRIVATE NURSING HOME HELD FOR MORE THAN 20YEARS? Does it come under Long Term Capital Gain Tax. Kindly reply.
What is indexation benefit and how do we calculate that?

Income Tax Rates in India for sale of shares in a Pvt. Limited Company?
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One Reply to “Income Tax Rates in India for sale of shares in a Pvt. Limited Company?”

  1. Since shares of private limited companies are not traded on the stock exchanges, no benefits of long term capital gains tax (as available to listed companies) will be available.

    On the gain made, you have to pay 20% tax with indexation benefit being made available.





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