short term capital gain

This query is : Resolved 

04 July 2008 assessee has get short term capital gain 54lacs . what u/s exeption who donot tax paid he is interest investment piz suggestion.

04 July 2008 Your query is not clear.

Exemptio available U/S 54 for Capital Gains.

04 July 2008 explain ur query again?


30 April 2009 Short term capital gain from capital asset being shared of listed companies are taxable @ 15%. From the share of non listed companies and other capital assets is it taxable only at normal rate of tax. This income can be adjusted only agsint the short term capital loss.



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