Capital gain tax rate help

vaibhav (student) (220 Points)

06 March 2015  

Dear ,


I want to know the tax rate at which short term capiatl gain of depreciable asset to be taxed?

If a person sold a depreciable (long Term) asset it should be treated as short term capital gain Us 50 of IT. But what rate of tax to be applied for calculating tax on STCG? Should it be 15% or as per slab rates?