Stcg on shares


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 June 2017 If total income without including STCG on shares below exemption limits i.e. less than 250000 then also tax is to be paid on STCG on shares @15%.

Profile Image

Guest

Profile Image

Guest (Expert)
07 June 2017 if total taxable income excluding STCG is below the maximum amount chargeable to tax, then such shortfall can be adjusted against stcg and consequently balance STCG is chargeable to tax

Profile Image

Guest

Profile Image

Guest (Expert)
07 June 2017 this adjustment benefit is not available to non resident

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 June 2017 if my total normal income 1.5 lakhs and stcg on shares 20 k then also i have to pay tax @15% on 20k

Profile Image

Guest

Profile Image

Guest (Expert)
07 June 2017 in that case, you need not pay any tax on stcg


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details