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    <title>Shares Held Over 12 Months Qualify as Long-Term Capital Gains; No STT Due as Not Sold on Exchange.</title>
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    <description>Profit from sale of shares - LTCG or STCG - Benefit of Indexation - the STT is to be paid only if the shares were sold in the stock exchange and since the assessee has not sold the shares on the stock exchange, according to him, the question of payment of STT does not arise. - Shares were held for more than twelve months and hence, the gain on sale of shares is to be treated as long term capital gain</description>
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      <description>Profit from sale of shares - LTCG or STCG - Benefit of Indexation - the STT is to be paid only if the shares were sold in the stock exchange and since the assessee has not sold the shares on the stock exchange, according to him, the question of payment of STT does not arise. - Shares were held for more than twelve months and hence, the gain on sale of shares is to be treated as long term capital gain</description>
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