Question ID :
44678
stcg on unlisted shares
in a case of sale of unlisted share of a salaried employee purchased unlisted shares and sold the shares in 3months from date of purchase
i)it is a case of short term capital gains on sale of unlisted shares
the party to whom the shares was sold has deducted tds as the sale is more than 50 lakhs sec 194(Q) is applicable and shown as sale of goods
and it appears as business receipts in the AIS of the salaried employee how is the correction to be made and shown as sale of securities in the ais as the salaried employee is not a dealer in share
2 where in the ITR2 is short term capital gains on sale of unlisted shares to be shown ?
Posted by
KUSHAL HEGDE
on
Jul 07, 2024
Filed Under
Capital Gains