article Assistant
1644 Points
Joined July 2016
Hlo Tarun, If your total income including the STCG is below the basic exemption limit, ie is 2.5 laks, then there will be no tax liability for a Resident Indian. So here ifyour GTI is less than 2.5 laks in a year, you will get refund.
Tax paid on stocks will reflect in 26 AS