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Stcg on mf (Income Tax)

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This query is : Resolved

Author : Anonymous

( Author )
26 March 2012

hi,

some one can pls tell me... if net income is not taxable then also gain on stcg needs to pay ?


Yogesh Agarwal

( Expert )
26 March 2012

If the net income including STCG is not exceeding the maximum income not chargeable to Income tax then no tax is to be paid....



C A S.S.Agarwal, M.Com.,LL.B,

( Expert )
27 March 2012

Yes I agree with the expert



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