Capital gain query


29 July 2011 Dear Professional friend,
Please solve the query regarding tax on capital gain

Please say me tax treatment of LTCG on Security With STT And Without STT
Also LTCL With STT and Without STT

Same as STCG with STT and Without STT
Also STCL with STT & Without STT

Please send solution on following E-Mail ID:casahilagrawal@gmail.com

29 July 2011
1. Long Term Capital Gain on Sale of Security and STT has been paid - Tax Rate - NIL (Income is exempted u/s 10(38)

2. Long Term Capital Gain on Sale of Security and STT has not been paid - Tax Rate -20%

3. Short Term Capital Gain on Sale of Security and STT has been paid - Tax Rate - 15 %

4.Short Term Capital Gain on Sale of Security and STT has not been paid - Tax Rate - 30 %



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