Friday, March 16, 2018

How grandfathering of LTCG from equities would work

This resolves the ambiguity contained in language in the bill on need for a duplicated computation -- first for computing LTCG without grandfathering and then for applying 10% tax rate with grandfathering," says Rajiv Chugh, Tax Partner, EY India. As per cost set up mechanism, the cost of acquisition for ...

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