Income from sale of shares, short term - reg
This query is : Resolved
Gopalakrishnan V
(Querist)
18 December 2021
My salary income is Rs.350000 and short term capital gain from sale of share Rs.32000. Kindly clarify whether I have to pay any Income Tax for FY 2020-21
18 December 2021
No. No tax liability after rebate u/s. 87a of IT act.
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