stcg on equity share
Mohd. Zeeshan (57 Points)
25 December 2018
what is the treatment of short term capital gain on listed equity shares on which stt has been paid
3 Replies
jyoti bhagchandani
(fresher)
(595 Points)
Replied 25 December 2018
There is a 15% tax on short-term capital gains that fall under Section 111A of the Income Tax Act. This includes equity shares, equity-oriented mutual-funds, and units of business trust, sold on or after October 1, 2004 on a recognised stock exchange, and falling under the securities transaction tax (STT).
Recent Topics
- LTCG immovable property sale
- Ewaybill generation for Return of Goods From Exhib
- A foreign entity engages some persons for doing th
- Property late registration selling now
- REQUIRED DELHI BASED LOGISTICS COMPANY 2 YRS OLD
- Rebate under 87A - STCG right to property
- GST RFD-01
- Profit & Loss Statement Analysis: Gross Profit
- Response to defective return notice in case of 139
- Capital loss for surcharge purchase?
Related Threads
CAclubindia
