Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2013 I HAVE BEEN ALOOTED 20 SHARES OF CARE IN IPO ALLOTMENT AND I SOLD THEM ON LISTING DAY
NOW WHAT WILL BE EFFECT OF THE SAME WILL BE SHOWN IN MY IT RETURN?

03 January 2013 U/s 111A of IT Act tax rate is 15% for short term capital gain on sales of shares /securities on recognized stock exchange in India.(BSE/NSE)

03 January 2013 Right..

Agreed with Jaydeep!!


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2013 I HAVE BEEN ALOOTED 20 SHARES OF CARE IN IPO ALLOTMENT AND I SOLD THEM ON LISTING DAY NOW WHAT WILL BE EFFECT OF THE SAME WILL BE SHOWN IN MY IT RETURN?

06 January 2013 You can show profit amt. in short term capital gain field in IT return.



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