https://www.taxtmi.com/forum/issue?id=3277 Long-term capital gains from sale of equity shares or units of equity oriented funds on a recognised stock exchange that are chargeable to securities transaction tax are exempt under the statutory exemption; the exemption does not limit availability to residents and therefore applies to non-resident Indians who satisfy the transactional conditions. Special non-resident computation provisions do not nullify this exemption and a non-resident may elect the special or general computation regime. en-us Wed, 17 Aug 2011 15:30:36 +0530 Thu, 23 Jan 2025 15:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3277 Long-term capital gains from sale of equity shares or units of equity oriented funds on a recognised stock exchange that are chargeable to securities transaction tax are exempt under the statutory exemption; the exemption does not limit availability to residents and therefore applies to non-resident Indians who satisfy the transactional conditions. Special non-resident computation provisions do not nullify this exemption and a non-resident may elect the special or general computation regime. Discussion-Forum Income Tax Wed, 17 Aug 2011 15:30:36 +0530 https://www.taxtmi.com/forum/issue?id=3277