
Sale of unlisted equity shares is taxed as capital gains — holding period determines STCG vs LTCG rates, and FMV rules apply on gifts and buybacks.
Investor checklist
- Compute cost of acquisition and improvement
- Obtain valuation for shares without ready market
- Report in Schedule CG in ITR-2 or ITR-3
- Check set-off rules against other capital gains
See listed shares (112A), buyback tax, and capital gains filing.
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