Tax implications

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Proprietor
62 Points Joined May 2009
Tax implications of partnership which has only one objects to invest in equity shares. What is tax liability of firm, partners individual?
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On 23 June 2016 at 22:55 Report
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(Expert)
369 Points Joined February 2015
Short Term Capital gains from shares, mutual funds subject to Security Transaction Tax, shall be taxed @ 15%.::::::::: Long Term Capital Gains from shares, mutual funds are exempted U/S 10(38)
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On 24 June 2016 at 15:30


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