Sunil (GM) (94 Points)
02 August 2024I have made short term capial gain of Rs 280000 from sale of shares in July, 2024 in my HUF account . I donot have any other income in this account . What will be my tax liability for this income?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178001 Points)
Replied 02 August 2024
Nil tax liability under new regime.
Sunil
(GM)
(94 Points)
Replied 02 August 2024
Thank you so much . What would have been Tax Liability if this account was NRI / NRO ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178001 Points)
Replied 02 August 2024
For NRI it will be taxable, not for resident Indian.
CAclubindia
