diosys sir,
I had purchased some shares in 2001 @30/-..if i sale in 2007 @60/-ie after
6 years / how much tax i have to pay ? SHares income is to be added in the salary or it is taxable separately?
thanks for trouble sir.
I had purchased some shares in 2001 @30/-..if i sale in 2007 @60/-ie after
6 years / how much tax i have to pay ? SHares income is to be added in the salary or it is taxable separately?
thanks for trouble sir.
Dear Rani....
There would be no tax liability provided these shares are sold on the stock exchanges and the applicable STT has been paid on the above transaction....
There would be no tax liability provided these shares are sold on the stock exchanges and the applicable STT has been paid on the above transaction....
In the above scenario, if we got bonus share in the year 2007 then what is our tax liabiity.
Our holding 1000 shares @ Rs.30 = 30000
Bonus Share 1:1 in the month of Oct`07 when stock price is 100
then our holding 2000 shares @ Rs.50 = 100000
Regards,
(moneypick)