Stcg at 30% or 15%

NO DOUBT .......15%

oh yes.....for stcg on shares otherwise 30%

thanx mannu

if stcg is u/s 111A...then @ 15%

otherwise 30%..

am i right???

Ya mannu is right

I agree with Mannu

If the short term capital gain is due to the gain on shares (i. e. equity oriented) then the same is taxable at 15%  else the same will be included in your taxable income, which in this case, is exceeding 10 Lacs making it liable to tax @ 30%

YES.. AYUSH IS RIGHT AND MORE CLEAR...

STCG U/S 111(A) THEN 15%, OTHERWISE IT WILL BE INCLUDED IN THE OTHER NORMAL INCOME AND TAX WILL BE CALCULATED ACCORDINGLY