11 November 2015
I purchased gold 100 gms bar on 01-10-2015 for Rs. 255000/- & sold the same on 05-11-2015 for Rs. 280000. There is a Short Term capital gain of Rs. 25000/- I do not have any other Income In the financial Year 2015-16. Is there any Income tax i am required to pay. Please answer. Thanks