hello all
my husband filed his returns thru a CA where he filed return with nil tax to be paid under new regime
his total income was under 7 lacs
but 2 days back return got processed and they charged 15% tax on short term capital gains and balance tds cut on fixed deposits will be refunded
our CA says its wrong but we are confused
we hv only 2 income sources
1st is interest in fixed deposits
2nd is short term capital gain tax that is selling shares alloted in ipo only
i m attaching statement of income n acknowledgement of return filed
can anyone tell me if the tax charged is correct
its rs. 9158 plus cess which will be deducted n balance refund
thank you