Share trading profit calcullation
This query is : Resolved
24 June 2016
My Client has Fixed Deposit Interest Income of Rs. 46000/- in 2015-16
Short Term Capital Gain from Share Trading in 2015-16 of Rs. 8000/- & Long Term Capital Gain of Rs. 3000/-
What will be the Tax Calcullation for Filing Return.
Which ITR is to be files ITR1 or ITR 2
AMIT
Short Term Capital Gain from Share Trading in 2015-16 of Rs. 8000/- & Long Term Capital Gain of Rs. 3000/-
What will be the Tax Calcullation for Filing Return.
Which ITR is to be files ITR1 or ITR 2
AMIT
24 June 2016
under short term profit if you pay security transaction tax then no tax on STCG and LTCG alwill exempt and tax will calculate on the other income head which is also below the exempt limit then no tax will payable in your case. section 111A, 112.
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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Rental income gst and it purpose
- Management System (IMS)
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
