Hello!
I'am new to this forum i have some questions please clear my doubts
I have viewed this example https://cleartax.in/s/capital-gains-income
If we brought any item 5 lakhs and we sold for 10 lakhs and for example fees is 1 lakh( fees is not correct but taken as example)
and it is less then 3 years and how it is calculated....? i mean how much tax we should pay.....?
How much percentage we should pay like 10% or 15%.
When Tax is applicable on capital gains i mean for example like above 4 lakhs or 3 lakhs or .....?
Thanks!