sale of mutual funds
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2010
If I have sold mutual funds and earned capital gain of Rs. 100000 then on this 1 lakh I have to pay income tax. So my query is when I have to pay this tax?
Also, when I have to pay securities transaction tax? Is there any option to not to pay securities transaction tax?
Please reply ASAP.
Also, when I have to pay securities transaction tax? Is there any option to not to pay securities transaction tax?
Please reply ASAP.
19 September 2010
if it is short term answer is yes and long term than no capital gain tax on the same..
u r not required to pay any STT on the same.
u r not required to pay any STT on the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- ITR 6 Schedule CFL and UD Issues
- FREELANCING ACCOUNTANT
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- TDS RATE ON RENT PAID TO NRI
- Gstr 9 2023-24
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
