What will be my TAX liablity if i buy shares by taking loan and hold the shares for more than my one year. i am salaried person working in PSU. will my profit from shares be treated as long term and short term or business income.
1 Replies
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 28 July 2016
shares after one year become LTCG (specified listed in exchanbe with stt paid)
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