13 October 2013
What is the tax treatment for the listed company shares short term capital gain? Whether exempted or not? If non exempted what is the tax rate?
13 October 2013
The rate of STCG Tax on transfer of listed securities or non listed securities U/s 111A is @ 15%. It should be taxable @ 15% even if STT Paid by registered broker.
Short term capital gain on shares can't be exempted under any section, have to born tax on that...