Employee's Share Sale Deemed Taxable as Long-term Capital Gain; Foreign Company Negotiated Higher Price.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Computation of long term capital gain on sale of shares – Assessee, an employee, justified the sale of shares at higher price and also explained the circumstances in which the foreign company negotiated and paid that amount - taxable as capital gain only - AT....