If a person is not having speculative gains (intra day trading) or business gains (F&O), but only gets gains from stock taken delivery the same should be treated as STCG and charged at 15% correct?
Kindly clarify
Thanks
6 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 06 August 2021
Yes capital gains will arise
Samantha J
(1236 Points)
Replied 06 August 2021
1.STCG @ 15% if in previous years also shares sold were taken as capital gains and not business income.
Akshay Agaldiviti
(-----)
(40 Points)
Replied 06 August 2021
Yes, STCG, but @ 15% only if STT paid on sale.
Akshay Agaldiviti
(-----)
(40 Points)
Replied 06 August 2021
Yes, STCG, but @ 15% only if STT paid on sale.
Recent Topics
- Pension Misclassification and Correction in ITR
- Failed to File SPL-02 before June 30th
- AIS Utility
- Fees receipts for Technical services ..income
- INTEREST WILL PAID
- GSTR-2A Shows 3B not filed but actually files
- Private Limited Company Strike Off (No Business in
- GST on forfeiture of Security Deposit
- Form16 shows investments as done - But I will go b
- Composition Gst cANCELLED NY DEPARTMENT DUE TO NON
Related Threads
Trending Online Classes
CAclubindia
