short term capital gain tax rate not covered by section 111a

What is Short term capital gain tax rate not covered by section 111a i.e rate of stcg other than short term capital assets covered by section 111a?

Replies (3)

Hi sushil the STCG other than Sec.111A is to be treated as normal income and it shuld be charged according to the slab rate system....

For Eg: If A earns Rs.150000 from his business and STCG by sale of HP Rs.250000.

His Gross Total Income is Rs.400000 and it is charged according to the Slab Rate.

If any wrong in this clarify it.

Agree with Harish

Short term capital Gain (other than those covered by 111A) is chargeable to tax at normal rates applicable to the person,

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details