Shortt team Gain

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Mahesh 1977

Mahesh 1977 (Querist)
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20 September 2010 I want information for filing ITR-6 where the i write the amount of short tearm gain (gain on Share) for than SI sheet calculate the tax on that amount. same question for Logn term gain

Aditya Maheshwari

Aditya Maheshwari (Expert)
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20 September 2010 in sch CG.

It LTCG exempt u/s 10(38) no need to show in sch. Show in exempt income.

Mahesh 1977

Mahesh 1977 (Querist)
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20 September 2010 but STCG

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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20 September 2010 Schedule CG - Capital Gains
A) Short-term capital gain
3) From other assets
a) Full value of consideration (3a)
b) Deductions under section 48
i) Cost of acquisition (bi)
ii) Cost of Improvement (bii) 0
iii) Expenditure on transfer (biii) 0
iv) Total (bi + bii + biii) (biv) 0
c) Balance (3a – biv) (3c) 0
d) Loss, if any, to be ignored under section 94(7) or 94(8) enter positive values only (3d) 0
e) Exemption under sections 54B/54D/54EC/54G/ 54GA (3e) 0
f) Short-term capital gain (3c + 3d – 3e) (3f) 0
6) Total short term capital gain (1e + 2 +3f +4 +5) (6) 0
7) Short term capital gain under section 111A included in 6 (7) 0
8) Short term capital gain other than referred to in section 111A (6 – 7) (A8) 0