Taxability

This query is : Resolved

CA Harsh Kothari (Querist)
Follow

25 January 2012 I am a C.A student and have income from stipend, interest (other than interest on securities - on which TDS is deducted) and capital gains from share trading. So for filing my I.T Return will stipend be taxable? Also do i have to Pay Capital gain tax if my income doesnt exceeds the basic limit??

CA Suraj Lakhotia

CA Suraj Lakhotia (Expert)
Follow

25 January 2012 Stipend received is not taxable as income.

For rest of the query, i request you to refer your text book and search answer there as you have already completed taxation in your IPCC/PCC.

These are basic concepts you need to be clear with. If you try and search for solution on your own, it would be helpful to you.

CA Harsh Kothari

CA Harsh Kothari (Querist)
Follow

02 February 2012 Dear Sir,

Thanks for your advice.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

prasanth kona

THOMAS JOHN

nilesh

Chandan Kumar

Kamaljeet Kaur

Subscribe Now

Taxability

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

CA Final

Accountant

Article Assistant

GST CONSULTANCY