Stcg u/s111a

is there any tax planning for stcg u/s111a?
Replies (3)
Quick Summary
When dealing with Short-Term Capital Gains (STCG) under Section 111A, you can utilise your basic exemption limit. Any profit exceeding this limit is taxable at 15%, especially if you have no other income. Importantly, Chapter VI-A deductions are not applicable to STCG.

You can take the benefit of basic exemption limit. Profit after basic exemption limit only be taxable if there is no other income. Chapter VI A deductions are not available.
No but that is available for the other income....still we have to pay the tax @ 15% on stcg
Stragiht forward taxed @ 15%.

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