Income tax query

sunil aravind (accountant) (96 Points)

28 January 2015  

Old Shares purchased (date not known)sold during the F.Y.2014-15.Will the profit attract Income Tax under:-

a.short term or long term capital gain?

b. Rate of income tax

c. How to compute the profit?

d. If security transcation tax paid,will income tax arise for the profit?

Please guide.