INCOME U/H B/P
This query is : Resolved
CA Hemant T Dewani
(Expert)
28 March 2009
STCG GAIN IS SHORT TERM CAPITAL GAIN OTHER THAN SHARES WHICH ARE LISTED IN STOCK EXCHANGE
SHARES WHICH ARE LISTED IN STOCK EXCHANGE & SOLD WITH IN ONE YEAR THEN SEC 111A IS APPLICABLE
OTHER ASSETS WHICH ARE SOLD WITH IN THIRTY SIX MONTH FROM THE DATE OF PURCHASE ARE CALLED SHORT TERM CAPITAL GAIN LIKE LANT SHOP PLOT JEWELERY
SHARES WHICH ARE LISTED IN STOCK EXCHANGE & SOLD WITH IN ONE YEAR THEN SEC 111A IS APPLICABLE
OTHER ASSETS WHICH ARE SOLD WITH IN THIRTY SIX MONTH FROM THE DATE OF PURCHASE ARE CALLED SHORT TERM CAPITAL GAIN LIKE LANT SHOP PLOT JEWELERY
Manmohan ACA, CS
(Expert)
29 March 2009
answered
Dhirajlal Rambhia
(Expert)
07 November 2021
Refer: https://groww.in/p/short-term-capital-gains-tax/
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