sir,
if any private limited comapnay buys listed shares from exchanges from his profit than what will be the capital gain tax rules if he sells…they are similar as individuals?
Hello @Brijesh_Darji ,
A private limited company shall disclose their profit or loss from sale of equity investments as ‘Income from capital gains’
The rules for taxation of capital gains are same for all tax payers. In cases where individuals will be pay slab rates on capital gains, companies will be paying their applicable tax rate (Usually 25%).
so for example pvrt ltd made long term capital gain on share/MF of 3 lakh than tax would be 12.5% of 1.75 lakh as 1.25 lakh is rebate…am i correct?
A private limited company in India buying shares from exchanges incurs capital gains tax. Short-term capital gains (STCG) on shares sold within 12 months are taxed at 15%, while long-term capital gains (LTCG) beyond 12 months are taxed at 10% (above ₹1 lakh). Securities Transaction Tax (STT) applies to such trades. Frequent trading may classify gains as business income, attracting corporate tax rates.
Yes, the taxable LTCG shall be ₹1.75L after claiming an exemption of ₹1.25L u/s 112A.
@Sakshi_Jain @Swapnil_Agarwal My query is - When option contract is exercised on Expiry day, we need to ‘‘GIVE’’ physical delivery of stocks from our Demat Holding to broker for physical settlement. Is giving physical delivery of stocks consider as Capital Gain/loss or F&O income?
As Giving physical delivery from Demat Holding is considered as “Sale of stocks”.
So, is it needed to report in ITR as Capital income or F&O income ?
