Easy Office
LCI Learning

Rate for capital gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 August 2023 GM,

I am an accountant in a proprietor firm, the owner has already crossed 30% limit of IT, now getting long & short term profit from Equity & FO. my question is what rate is applicable for those capital gain?

Thanks & Regards,
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
19 August 2023 Equity: STCG 15% & LTCG 10% (after 1 lakh exemption)

F&O at slab rate.
Profile Image

vaibhav

Profile Image

vaibhav (Querist)
19 August 2023 Thank u for your valuable reply, one more thing for intraday there is same as F & O?



Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
19 August 2023 Yes, rate of tax remains same as slab rate. Only difference is, it comes under speculative business.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links