banner_ad

Short term capital gains.

Others 324 views 3 replies
A female client is housewife and she has income of f.d.interest of RS 100000= and stcg from shares RS.25000=. Shall she will have to pay 15% tax on short term capital gain for the assessment year 18-19.
which ITR she should use?
Replies (3)

No.

ITR 2 

ITR 2  will be applicable 

Capital gains  & Income form other source . 

She is not required to pay tax since section 111A says that if the total income is below taxable limit then the remaining balance can be utilised for STCG. Hence she is not liable to pay tax.
You need to file ITR 2 for the same.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details