Short term capital gain rate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2015
what is short term capital gain rate for company and partnership firm
proprietorship firm.
proprietorship firm.
14 December 2015
Short Term Capital gains are taxed at normal
tax rates as per the slabs/ rates prescribed for the assessees.
.
However, As per Section 111A, Capital Gains rate will be 15% if the STCG is derived from transfer of equity shares in a company or unit of an equity oriented fund and STT is leviable on such transactions.
tax rates as per the slabs/ rates prescribed for the assessees.
.
However, As per Section 111A, Capital Gains rate will be 15% if the STCG is derived from transfer of equity shares in a company or unit of an equity oriented fund and STT is leviable on such transactions.
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