Whether long term capital gain from the sale of equity shares exempt? myITreturn Helpdesk Updated May 20, 2016 11:31 Follow You can complete filing your Income-tax return in just 15 minutes using the website or the mobile app: Click to Start on myITreturn.com Download App and complete your return Yes, LTCG from sale of equity shares is fully exempt. Sale of equity shares, capital gain, Tax filing Clarified that LTCG from sale of equity shares is not taxable. Not filed yet? File your Income-tax return with myITreturn.com 3 reasons to file with myITreturn: Registered with the Income-tax Department Accurate and Simple Over 20 lakh users Start your tax return or if you have a simple tax return, you can download our mobile app and file your Income-tax return Download app Comments 0 comments Please sign in to leave a comment.