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Query regarding GST and IT

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28 June 2024 Hello Sir/ Ma'am,

I am a salaried employee and invest in stocks.My salary is 30 lacs.In FY 23-24 I have sold shares worth 80 lacs.14 lacs ltcg and 13 lacs stcg. Please advise an efficient way to reduce tax.ie opening llp/company etc.

Also do I need to register for GST in the above case?

Anticipating your reply!

Thanks in advances!

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 June 2024 No GST liability.
You can take the benefit of Sec. 54F IT act, if eligible. No other option.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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29 August 2024 Good Luck.

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