For LTCG 3 years
For STCG less than 3 years
what is tax rate applicable on capital gain ??
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 31 July 2021
Sunny James
(Manager)
(57 Points)
Replied 31 July 2021
what is tax rate applicable on capital gain ??
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
Sunny James
(Manager)
(57 Points)
Replied 31 July 2021
Can I take benefit of indexation in this case ?
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
Sunny James
(Manager)
(57 Points)
Replied 31 July 2021
But STT is already payable on Sale of share, than Is this not a double taxation ?
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
Sunny James
(Manager)
(57 Points)
Replied 31 July 2021
As LTCG earlier exempt from tax and STT is payable, if now its taxable, that STT can be removed by government.
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
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