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Short term capital gain tax treatment
what will be tax if I earn short term capital gain , income arises from stcg 485000 & no other income .when we claim rebate of 25000
Replies (3)
Is the STCG is from equity oriented units/shares; i.e. u/s. 111A IT act?
Yes sir
No rebate. You will have to pay tax over 1.85 L @ 15% rate. (For AY 2024-25)
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