30 July 2010
STCG ON SALE OF LISTED SECURITIES ON WHICH STT IS PAID IS TAXED AT A FLAT RATE .OTHER THAN ABOVESAID ARE ADDED TO NORMAL INCOME AND TAXED ACCORDINGLY.
30 July 2010
on lottery 30% tax payable and LTCG income are excluded form other income for tax treatment. but if both incomes other and LTCG is less than basic limit than no tax liability arise.
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