Capital Gains on Unlisted Shares Sale
Unlisted Stock is not listed on any recognized stock exchange. Thus, the Company does not pay STT i.e., Securities Transaction Tax on such shares.
- Long Term Capital Gain (LTCG):If an investor sells an unlisted stock held for more than 24 months, gain or loss on such sales is a Capital Gain or Capital Loss.
- Short Term Capital Gain (STCG):If an investor sells an unlisted stock held for up to 24 months, gain or loss on such sale is a Short-Term Capital Gain (STCG) or Short-Term Capital Loss (STCL).
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