Income from capital gain of shares

Hardik Dave (IPCC and CS Professional(FINAL) Student)   (15528 Points)

25 February 2017  

 If Any Person have only income from Capital gain from Shares(STT Paid) and interest from other sources ( Saving bank interest ), then he can file Income tax return or Paid Advanced Tax ? For example if any person earn profit from shares (Short term capital gain) of Rs. 800000 ( 8 lakhs) and interest from saving bank account Rs. 10000 for a period from 1-4-2016 to 31-3-2017 Can he liable for advanced tax and income tax return ?