Capital gain tax rate help

a) Short-term capital gains shall be included in the gross total income of the taxpayer and will be taxed at the normal rates;

b) Short-term capital gains arising from transfer of Equity Shares, Units of an Equity Oriented Funds or a unit of a business trust which is chargeable to securities transaction tax shall be taxed at 15% under Section 111A.

Hello,

Period of holding of asset shall not be considered at the time of calculating capital gain on depreciable assets. Capital gian shall always be short term & it will be taxable as per slab rate.

agree with saurabh

Deduction under chapter VI-A(80C, 80D, etc) shall not be allowed on short term capital gain.