Sort term capital gains on sale of stocks when the total income is less than Rs.2,50,000/_.

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47 Points Posted on 15 November 2020
Please clarify if the short term capital gains is less than the income tax exempt limit of Rs.250000/- then weather Short term capital gains is still payable?
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On 15 November 2020 at 16:14 Report
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This discussion clarifies whether short-term capital gains (STCG) are taxable if they fall below the Rs. 2,50,000 income tax exemption limit. The consensus is that if your total income, including STCG, remains under this threshold, no tax is payable on the STCG. While STCG and general income tax calculations are separate, losses can be carried forward.

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Chartered Accountants
2015 Points Posted on 15 November 2020

No need to pay tax when your total income including STCG is below minimum threshhold limit. 

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On 15 November 2020 at 20:13
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Tax consultant
5895 Points Posted on 16 November 2020
Both are different and not that much interlinking so as you make loss you can carryforward loss
calculate m payable for short term is different
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On 16 November 2020 at 04:28

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