Short term share
This query is : Resolved
24 September 2016
HOW WE CALCULATE SHORT TERM PROFIT AND LOSS OF AN INDIVIDUALS PERSONS SHARES
24 September 2016
If you are referring to Listed securities:
Short term capital gain/loss will be there if the period of holding of share is more than a year- If the transactions were in Equity shares or Equity oriented mutual funds and the transactions were carried through recognized stock exchange and STT has been paid, then the gain will be taxed at 15% - Section 111A
If you are referring to Unlisted securities:
The period of holding would be 3 years, meaning thereby that if you sell/dispose of the shares before three years, there will be short term capital gain/loss. The same will be taxed as per normal provisions- slab rates.
Short term capital gain/loss will be there if the period of holding of share is more than a year- If the transactions were in Equity shares or Equity oriented mutual funds and the transactions were carried through recognized stock exchange and STT has been paid, then the gain will be taxed at 15% - Section 111A
If you are referring to Unlisted securities:
The period of holding would be 3 years, meaning thereby that if you sell/dispose of the shares before three years, there will be short term capital gain/loss. The same will be taxed as per normal provisions- slab rates.
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
