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short term capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2011 in case of short term capital gain of tax whether 111A is ompulsaory.....or if the normal tax rate slab is less than 15% can ,the assessee treat it as normal income.......
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CA Navin Jain

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CA Navin Jain (Expert)
04 July 2011 yes you can treat its normal income if normal tax slab rate is less than 15%

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