11 July 2010
PLZ. TELL ME THE RATE OF TAX IN THE FOLLOWING CASES:
CASE-1: STCG ON SALE OF RESIDENTIAL FLAT CASE-2: STCG ON SALE OF SHOP/OFFICE CASE-3: STCG ON SALE OF SHARES CASE-4: STCG ON SALE OF EQUITY ORIENTED MF UNIT CASE-5: STCG ON SALE OF OTHER THAN EQ. ORI. MF. UNITS
CASE-6: LTCG ON SALE OF SHARES CASE-7: LTCG ON SALE OF LAND(OTHER THAN AGL) CASE-8:LTCG ON SALE OF OTHER THAN EQ. ORIENTED MUTUAL FUND UNITS
12 July 2010
CASE 1,2--- GENERAL TAX RATES OF THE ASSESSEE CASE-3 IF THROUGH STOCK EXCHANGE SUBJECT TO STT THEN-15% OTHERWISE-- NORMAL TAX RATES CASE-4-----15% AS PER SECTION 111A CASE-5 20% CASE-6-- EXEMPT IF THROUGH STOCK EXCHANGE SUBJECT TO STT OTHERWISE 20% CASE-7 20% CASE-8 SAME AS CASE -6