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shares sold within 12 month
IDBI bank shares sold ,within 12 month how would I taxable?
Replies (2)
Taxable as Short term capital gain.
STCG=Sales consideration- Cost of acquisition
STCG=Sales consideration- Cost of acquisition
Also if sold through recognised stock exchange & STT paid on it then taxable @ 15% u/s111A otherwise at normal slab rate.
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