INCOME TAX ON STCG/LTCG

Tax planning 700 views 4 replies

Hello All,

 

I have income from Divident (Rs 20,000), FD (Rs 15000) and Saving Account Interest (10000) only. No Salary Income.

So, I would like to know how I have to pay income tax on STCG and LTCG (Excess of 100000). Thank you all in advance.

 

Regards,

Wedant

Replies (4)

If you do not have any STCG or LTCG, why you wish to pay income tax?

Your Total Income is still below ₹ 3 lakhs. No tax is payable

I have STCG (Rs. 100000.00) & LTCG (Rs. 200000)

Your aggregate imcome comes to 3.45L. So LTCG tax over 45K will be liable.


CCI Pro

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