Profit on sale of share
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 February 2012
Hello experts,
i sales shares and make short term profit of rs 80000 in a year & STT is paid & i dont have any other income
shall i file the return ?
do i need to pay tax ?
i sales shares and make short term profit of rs 80000 in a year & STT is paid & i dont have any other income
shall i file the return ?
do i need to pay tax ?
09 February 2012
There shall be not Income tax payable, however should you file your return year on year regularly i would suggest to file the return as a matter of continuity..
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