HUF Income tax if entire income is STCG?

Jayesh (Proprietor) (141 Points)

10 July 2023  

In an HUF account, entire income is from STCG and it is 3 lakhs. So, 2.5 lakhs will be exempt under basic tax limit.

Will the balance be taxed at 5% tax rate (as per tax bracket) of 15% (because it is short-term capital gain)?

Thanks!