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ltcg on sale of shares in foreign co

Started by sreehari chamarthi, February 23, 2013, 02:46:29 PM

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sreehari chamarthi

whether shares held in a foreign company which is not listed in indian stock exchange are sold before 36 months whether it will be ltcg or stcg?

Ramasamy

All the securities including foreign companies shares sold after 12 month from the date of acquisition will be treated as Long term capital Gain