If my deposit interest income and short-term capital gains in FY24 add up to about ₹6 lakh, do I still need to pay STCG tax and file returns for A.Y. : 2024-25?
21 November 2023
Thanks! But for A.Y: 2024-25 it’s said that for income upto 7 lakhs no tax will be payable ( due to increase in standard deduction ) Pl confirm
21 November 2023
Capital gains tax payable. Go to income tax portal and try to fill ITR with your proposed figure you will capital gains tax payable. Instead 7 lacs you adopt current figure for AY 2023-24.
CAclubindia
