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Tax on short term gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2011 A person has income below 5 lakhs and comes within 10% tax bracket. What will be tax rate on which he will be charged tax on his short term capital gain -- 10% 0r 15%?
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CA Navin Jain

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CA Navin Jain (Expert)
15 July 2011 Tax will be charged @ 10%

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