STCG on equity shares/ETF-24.06.2025


This query is : Resolved 

Quick Summary
This discussion clarifies the tax implications for Short-Term Capital Gains (STCG) on equity shares and ETFs for the financial year 24-25. It addresses whether a penalty will be incurred for paying a STCG tax liability of INR 2300/- after TDS deduction, but before the official deadlines of September/July. The consensus is that no interest or penalty will be charged for this relatively small additional tax amount.

(Querist)
24 June 2025 for FY 24-25. After deduction of TDS paid on my professional income, the balance STCG @ 20% payable is INR.2300/-. I have not paid any advance tax towards STCG as the total STCG is INR 5860/-. Will I face any penalty if I pay tax of INR 2300/-before 31st September/31st July? Income from other sources is INR 4.26 Lacs, and loss on LTCG is INR.3392

24 June 2025 No interest or penalty would be charged for additional tax liability of Rs. 2,300/- or so.

sundeep (Querist)
24 June 2025 Thanks...................................................

24 June 2025 You are welcome.

27 September 2025 Good luck..


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