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Capital Gain....plz hlp!!!!

Tax queries 710 views 4 replies

How LTCG and STCG can shifted to the Other inome?

Replies (4)

WHAT U WANT TO ASK????????

There is no clarity in your question 

please post again 

i saw in some problems regarding CG that the LTCG and STCG can b shifted to the other income source 2 reduce the tax burden. May be it is related to the Sec 111A. Bt i did nt undrstn the process n rules.

Sec 111A refers to trading of shares on which STT is attracted. Profit from trading of shares that are covered uS 111A attracts 10% tax (now 15%) and are tax free if they are long term shares


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