Profit on sale of share

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 February 2012 Hello experts,


i sales shares and make short term profit of rs 80000 in a year & STT is paid & i dont have any other income
shall i file the return ?
do i need to pay tax ?

09 February 2012 There shall be not Income tax payable, however should you file your return year on year regularly i would suggest to file the return as a matter of continuity..



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