if share sale - profit on long term share are taxable for Fy 20-21??
profit on short term on share are taxable for FY 20-21??
Yes, u/s,111A of IT act, when STT paid.
4 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 10 July 2022
For LTCG rate is 20% with indexation and 10% without indexation.
For STCG rate is 15%
For STCG rate is 15%
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 10 July 2022
Not levied basic exemption reduced from capital gain
Recent Topics
- Taxability of income in USA of resident oci holder
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
Related Threads
CAclubindia
