Section 68 Update: New Rule on Long-Term Capital Gains from Share Sales in Secondary Market via Registered Brokers.

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Full Text of the Document

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....Addition made u/s 68 in respect of LTCG on sale of shares - transactions of purchase and sale of shares happen in the secondary market based on the prevailing market prices through the registered stock brokers in the concerned stock exchange. This is how the transactions happen across the world....