banner_ad

Short term capital gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 July 2009 Hello friends

I have income from other sources Rs. 100& also income from short term capital gains rs. 400, should i have pay tax only short term capital gain @ 10% sepretlly

thanks
Profile Image

CA Kartik Pandya

Profile Image

CA Kartik Pandya (Expert)
09 July 2009 No you have to pay income tax @10% on Rs.400 and for Rs.100 according to normal slab rate.
Profile Image

NITIN

Profile Image

NITIN (Expert)
09 July 2009 Your have to pay tax at normal rate on Rs 100 and Rs 400 except in case of short term sex 111A is applicable in such case @ 10%
Profile Image

jay arya.........

Profile Image

jay arya......... (Querist)
09 July 2009 Hello Kartik Sir,

i have to pay only 10% on Short tem capital gain , I think i need not to pay other sources because my tax liability incured when my taxable income exceed to 150000 for f. y 2008-09

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


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details