RATE OF TAX ON SPECULATIVE INCOME
This query is : Resolved
05 February 2011
KINDLY LET ME KNOW THE RATE OF INCOME TAX ON SPECULATIVE INCOME. SUPPOSE AN ASSESSEE EARNED A PROFIT SAY Rs.50,000/- ON INTRA DAY SHARE TRADING, AT WHAT RATE WE HAVE TO PAY TAX ON THE SAID INCOME. CAN WE CLUB THE SAID INCOME TO HIS REGULAR INCOME AND PAY TAX ACCORDINGLY. SUPPOSE HIS REGULAR INCOME IS BELOW THE TAXABLE LIMIT THEN WHAT IS THE POSITION. CAN WE CLAIM DEDUCTION U/S 80-C ON SPECULATIVE INCOME
Guest
Guest
(Expert)
05 February 2011
Club with regular income.
07 November 2021
As per slab rate.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- TAN for Partnership
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- E way bill for tractors
- REGARDING GST LIABILITY/....
- Specified Profession
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
