https://www.taxtmi.com/acts?id=20434 The amendment broadens section 112(1)(c)(iii) by substituting "unlisted securities" with "unlisted securities or shares of a company not being a company in which the public are substantially interested," thereby subjecting long-term capital gains from transfers of such privately held company shares to the concessional long-term capital gains tax treatment, effective from 1 April 2017 for assessment year 2017-2018 onwards. en-us Mon, 29 Feb 2016 16:42:01 +0530 Mon, 29 Feb 2016 16:42:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20434 The amendment broadens section 112(1)(c)(iii) by substituting "unlisted securities" with "unlisted securities or shares of a company not being a company in which the public are substantially interested," thereby subjecting long-term capital gains from transfers of such privately held company shares to the concessional long-term capital gains tax treatment, effective from 1 April 2017 for assessment year 2017-2018 onwards. Act-Rules Bill Mon, 29 Feb 2016 16:42:01 +0530 https://www.taxtmi.com/acts?id=20434