Please check the income statement for the year 2012-2013 & tell me what is the tax liability.
Salary& allowance 180000 Commission 100000 Short term Capital Gain 30000 Interest on FD 25000 Total 335000
What will my tax liability.My doubt is that what is the tax liability on the short term capital gain ( realized from mutual fund trade not through stock exchange)
Thank you very much for your fast reply.Please answer one more question shall I get a capital gain statement from each fund house at the end of the year else it will be very difficult to calculate.
CAclubindia
