Tax Treatment of Preference Shares

Imagine you are reviewing a client’s portfolio that includes long-term unlisted preference shares. You notice the client purchased these shares five years ago at an initial cost of ₹10 lakhs and is now considering a sale...

During a routine portfolio review for a high-net-worth client, an analyst might notice that a legacy holding of unlisted preference shares has reached its long-term threshold. While the client is pleased with the 12.50...