Unlisted shares held for 24 months or less to be now treated as short-term capital gains / losses

Gains / Losses from sale of unlisted shares would be treated as short-term capital only if the shares are held for 24 months or less, as against the earlier period of 36 months. Thus, gains / losses from unlisted shares held for more than 24 months would classify as long-term. This distinction is crucial, especially … Continue reading Unlisted shares held for 24 months or less to be now treated as short-term capital gains / losses