Security transaction tax
This query is : Resolved
02 August 2011
If security Transaction Tax already deducted on income from daily trading of Shares than Tax liable on such income in the hand of individual income earner assessee.
Regards
Akbr
If security Transaction Tax already deducted on income from daily trading of Shares than Tax liable on such income in the hand of individual income earner assessee.
Regards
Akbr
Aditya Maheshwari
(Expert)
02 August 2011
In case of business of trading in shares tax payable at normal slab rates and in case of short term capital gains u/s 111A @ 15%
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