Query on STCG

chanderbedi (Manager) (44 Points)

19 April 2011  

Suppose in the FY one person has net taxable income from salary Rs 480,000.00 for the FY 2010-2011 (AY 2011-12) and STCG from the shares (listed on stck exchnage and STT paid) Rs. 15000.00

Please let me know now the tax payable on the STCG will be at 15% or it can be filled with the balance amount of Rs 20000 (for upto 5,00,000 slab) and tax will be payable at 10%