One of my client has only income from short term capital gain amounting to Rs. 240,000 during the financial year. Whether he has any tax liability since income is below limit of Rs. 250000 !
Can any one please reply on the same
Deepak Walia (Not Applicable) (133 Points)
13 March 2020One of my client has only income from short term capital gain amounting to Rs. 240,000 during the financial year. Whether he has any tax liability since income is below limit of Rs. 250000 !
Can any one please reply on the same
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 13 March 2020
No Income tax has to be paid by the client.
vemula anji
(41 Points)
Replied 13 March 2020
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