Tom S Peter (Article) (148 Points)
08 July 2011If I've only STCG, can I claim full exemption of the basic exemption limit?
(Already referred 111A)
ie my total icome is STCG of 3,00,000/- and I dont 've any other income.
Whether my tax liability is [3,00,000 * 15%] or [(3,00,000 - 1,60,000)*15% ]
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 08 July 2011
| Originally posted by : Tom S Peter | ||
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If I've only STCG, can I claim full exemption of the basic exemption limit? (Already referred 111A) ie my total icome is STCG of 3,00,000/- and I dont 've any other income. Whether my tax liability is [3,00,000 * 15%] or [(3,00,000 - 1,60,000)*15% ] |
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