LTCG on Shares
surya sj (60 Points)
18 July 2018
Is ltcg on equity shares exempt and ltcg on equity mutual fund is exempt ?
Navghan Halvadia
(Chartered accountant)
(103 Points)
Replied 19 July 2018
surya sj
(60 Points)
Replied 19 July 2018
surya sj
(60 Points)
Replied 19 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160990 Points)
Replied 19 July 2018
No. For intraday transactions the net difference of trades is aggregated to arrive at Turnover.
Its speculative business, eligible for sec. 44AD with minimum profit margin of 6% over the turnover.
CAclubindia
