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LTCG

This query is : Resolved 
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(Querist)
08 March 2011 Hello sir,
If any ltd.co earned LTCG OR STCG on sold of mutual fund without paid STT.what is the tax rate applicable on it and ind.cost applicable or not?
pls reply fast.
thanks
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Ravikant

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Ravikant (Expert)
08 March 2011 LTCG AT 10% WITHOUT INDEXATION
OR
LTCG AT 20% WITH INDEXATION (OPTION AVAILABLE)

STCG TAXABLE AT NORMAL RATES APPLICABLE TO THE COMPNY

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