Regarding query on tax calculation with respect to shares

 

Hi Folks,
 
I purchased shares on  25/01/2012  and sold on 19/10/2012 , Please advise me it comes under which category either it is long term or short term. Please reply.blush
Replies (5)
Short term capital gain 15 %
Originally posted by : nikhil
Short term capital gain 15 %

Thanks Nikhil, Could you please advise the reason for this..!! ICan I show while filling tax return on 31July2013 for AY 2013-2014. Please reply..!

Income earned by individual in financial year 2012-2013 between 1aprl to 31 march 2013 will be taxable under a.y 2013-2014.security sold within one year of purchase will be know short term traded security will charge short term capital gain.
Originally posted by : nikhil
Income earned by individual in financial year 2012-2013 between 1aprl to 31 march 2013 will be taxable under a.y 2013-2014.security sold within one year of purchase will be know short term traded security will charge short term capital gain.

Thanks please advise for the above said query Can I show while filling tax return on 31July2013 for AY 2013-2014


 

Ofcourse friend ....

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