Easy Office
LCI Learning

Short term capital gain on sale of property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 March 2010 Dear sir,
I want to know what should be the tax rate and treatment of Short term capital gain arises on sale of house property or any other items except sale of shares under section 111A.

Thanks in advance
Shammi
Profile Image

CA Vijay Kumar Gupta

Profile Image

CA Vijay Kumar Gupta (Expert)
24 March 2010 NORMAL RATE OF TAX AS PER SLAB OF YOUR INCOME
Profile Image

CA Devanshi Gandhi (Ajani)

Profile Image

CA Devanshi Gandhi (Ajani) (Expert)
24 March 2010 it will be treated as your normal income and thus normal tax rate applicable to the person will be applied
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
25 March 2010 agree with expert
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
25 March 2010 yes normal slab rate will be applicable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links