Capital Gain on Sales of Unlisted Shares

[Harshit Sanghvi]

Good afternoon,

I have one income tax capital gain query.

One private limited has sold shares of another private limited.

Now we want to save capital gain tax.

What are the ways available.

Type of asset- long term unlisted shares.

Thanks in advance

AI Summary

Capital gain tax planning for long-term unlisted shares: consider offsets, holding-period benefits, deferral and reinvestment strategies.
Strategies for reducing tax on capital gain from sale of long-term unlisted shares include using capital loss offsets to reduce taxable gain, ensuring assets meet the holding period for favourable long-term treatment, structuring disposals to obtain tax deferral where permitted, and reinvesting proceeds into qualifying assets subject to statutory eligibility; tailored professional tax advice is necessary to identify and implement compliant mechanisms.