We are pleased to share with you a copy of our in house publication - “TaxBuzz…”, wherein we have analysed the recently issued Notification by the Goverment specifying transactions which will not be effected by the newly inserted third proviso to section 10(38) of the IT Act, denying exemption to LTCG on shares which were acquired without payment of STT.

We trust that you will find the attached TaxBuzz useful. Looking forward to receiving your valuable feedback.

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