Short term capital gain
shivam hy (yel) (83 Points)
13 March 2017
Anil Diwan
(Professional)
(83 Points)
Replied 13 March 2017
Today, Chartered Accountants and Students of Chartered Accountants are having best knowledge of Financials and Economics. Knowledge of Financials and Economics are of great help while taking decision of Government. Today ministers elected by general public are either under graduate or not even high school pass. They may also have criminal background with some cases against them in court of law.
We are Chartered Accountant and work hard to win regional elections of ICAI but we have never though beyond this. So why cant we work to win election to form government. We can lead India with more transperacy and Governance.
So lets form a political party with combination of Chartered Accountants, CS, Economist and ICWA. Candidates should have clear background. This party should be all India Party and not just limited to any state or city.
Lets first form a group on what'sup and convert this group in political party. Mobile No: 8080377798
Regards
Anil Diwan
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 13 March 2017
if you do not have any income other than this short term capital gain then no tax but if you have any other income then in my view you have to pay tax as per normal income tax slab rates but you can avail chapter VI A Deductions
chetan1992
(B.Com)
(54 Points)
Replied 15 March 2017
chetan1992
(B.Com)
(54 Points)
Replied 15 March 2017
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)