05 October 2009
Can anyone please........... explain the provision of taxability of cap gain at different rates,i.e,section 111A. At times capital gain is taxed at 15%(if STT Paid) & At times @10%.Please explain the two provisions & at times at normal rates. Also what is slab benefit under LTCG?
06 October 2009
Please go through section 10(38) there are five condition which have to satisfy for Taxing STCG @ 15% and LTCG exemption for share and units of Mutual fund. till A.Y. 2008-09 STCG is 10%
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