Sir, I filled return with rebate on STCG 111A , Now intimation is received demanding tax on stcg 111A. New tax regime
What should I do???
Menu
Rebate on Stcg 111A
Replies (2)
Quick Summary
Under the new tax regime, rebates under Section 87A (which reduce tax liability) are applicable, but STCG under Section 111A is taxable at 15% and does not qualify for a rebate or lower rate of tax.
Is stcg 111A allowed under rebate 87A In OLD TAX REGIME....
Recent Topics :
- Updating form 10-ee and Schedule FA if there is ch
- Sale of property in SLUM area ....SRA
- GST applicability on Shipping charges
- Outstanding Demand in Income Tax: How To Respond?
- LTCG on property sale
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
Related Topics :
CAclubindia
