if my total income reduced by stcg is less than basic exemption limit, can i use the unexhausted limit for reducing from stcg
Advantage of basic exemption limit in case of short term capital gaim
Anshul Nawal (4 Points)
16 October 2016Anshul Nawal (4 Points)
16 October 2016if my total income reduced by stcg is less than basic exemption limit, can i use the unexhausted limit for reducing from stcg
Rahul Shah
(Assistant Chartered Accountant)
(196 Points)
Replied 16 October 2016
No, you will have to pay tax @ 15% for STCG .
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