Capital gain


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 January 2013 I HAVE BEEN ALOOTED 20 SHARES OF CARE IN IPO ALLOTMENT AND I SOLD THEM ON LISTING DAY
NOW WHAT WILL BE EFFECT OF THE SAME WILL BE SHOWN IN MY IT RETURN?

03 January 2013 U/s 111A of IT Act tax rate is 15% for short term capital gain on sales of shares /securities on recognized stock exchange in India.(BSE/NSE)

03 January 2013 Right..

Agreed with Jaydeep!!

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 January 2013 I HAVE BEEN ALOOTED 20 SHARES OF CARE IN IPO ALLOTMENT AND I SOLD THEM ON LISTING DAY NOW WHAT WILL BE EFFECT OF THE SAME WILL BE SHOWN IN MY IT RETURN?

06 January 2013 You can show profit amt. in short term capital gain field in IT return.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 08 August 2026
Article Assistant

Sanath Sheshagiri & Co.

Bengaluru

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
FOLLOW
US ON