Tag: Section 10(38)
Merely because share prices rose abnormally or other persons involved bogus transactions, Long Term Capital Gain exemption u/s 10(38) can not be denied – ITAT ABCAUS Case Law Citation: ABCAUS 2769 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties Jankinath Sarangi Vs State of Orissa …
Sale of long term equity shares chargeable u/s 10(38) from AY 2018-19 if not chargeable to securities transaction tax CBDT notifies transactions for which the condition of chargeability to STT for claiming exemption under Section 10(38) of the Income Tax Act, 1961 shall not apply. MINISTRY OF FINANCE …
Draft Notification us 10-38 for non applicability of STT condition for claiming exemption from LTCG sale of equity share Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 3rd April, 2017. CBDT Requests for Stakeholder’s comments on Draft Notification …