Crypto currency & Shares

This query is : Resolved

TSERING CHOTON (Querist)
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02 May 2023 Will the Gains from Crypto currency and shares be taxable to Schedule Tribe residing in VI schedule area if the shares and Crpto currency were purchased from a mobile device ????

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 May 2023 Yes, it's taxable as it's not earned from the residing state.

TSERING CHOTON

TSERING CHOTON (Querist)
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03 May 2023 thank you sir for your timely reply but the dividend earned from the shares held are exempt under sec 10(26).

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 May 2023 Yes, it's exempt.....
.. .

TSERING CHOTON

TSERING CHOTON (Querist)
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03 May 2023 Sir thank you for your reply,But STCG or LTCG from shares are taxable??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 May 2023 Both are taxable after basic exemption limit.
LTCG exempt upto 1 lac and after basic exemption taxable at 10% and at 15% for short term capital gains.

TSERING CHOTON

TSERING CHOTON (Querist)
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03 May 2023 Sir thankyou for your reply

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 May 2023 You are welcome....
....

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