Can Basic Exemption available for Short Term Capital Gain ?

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Prakash Mohta (Querist)
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26 May 2009 My Querry is can we take basic exemption for income falls under short term capital gain ?

CA.Tarun Maheshwari (Expert)
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26 May 2009 Yes. You can take the basic exemption from Income from STCG.

Ratan Sharma (Expert)
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26 May 2009 Agreed

Jagdish Bhalia (Expert)
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26 May 2009 Yes u can take basic exemption for STCG

CA Devanshi Gandhi (Ajani) (Expert)
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26 May 2009 yes

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