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Query on Capital Gains URGENT

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2010 IF AN INDIVIDUAL HAS SHORT TERM CAPTAL GAIN AND HE PAYS SECURITIES TRANSACTION TAX ON THE SAME, WETHER HE WILL GET ANY EXEMPTION FROM PAYING TAX @15% ON SUCH SHORT TERM CAPITAL GAIN

23 March 2010 No.

23 March 2010 No. Must to pay tax @ 15% on gains.

23 March 2010 Taxable @15%

you can claim STT as business expense.



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