30 December 2012
Unfortunately no planning is available as STCG is concerned. . However, if the assessee is having losses under any other Head of Income he can set off the losses against such STCG. .
Further he is eligible to get Slab benefit of Rs 2,00,000 plus Savings or investments made Under Chapter VIA like U/s 80C of LIP, NSC, PPF ( Max. Rs. 1.00 Lac) and U/s 80D in relation to Medi Claim Premium. .
09 January 2013
Short Term Capital Gain Tax is payable on the difference between 42 and 15 the only benefit is available as suggested by the expert and I agree with him
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