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Capital Gains on shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 June 2010 If there is only income from sale of short term shares & if it does not exceed the limits as per the Act, then does the assessee has to pay 15% tax on the same?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
09 June 2010 no tax to be paid if income below exemption
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CMA RV Padmakumar.A

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CMA RV Padmakumar.A (Expert)
09 June 2010 yes no tax on capital gains if total income comprising only capital gains is below the taxable income...




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