STCG vis-a-vis 80C

if a person has STCG only as an income during the year...
in that case will 80C benefit of 1.5 lakh will be available for him....?
Replies (5)
Quick Summary
This discussion clarifies whether deductions under Section 80C of the Income Tax Act can be claimed against Short Term Capital Gains (STCG). The consensus is that 80C benefits are indeed available against STCG, unlike Long Term Capital Gains (LTCG). This means individuals with STCG as their primary income source can potentially utilise the ₹1.5 lakh deduction.

Yes 80C deductions are available against STCG but not against LTCG

Yes it's okay
80c is not against stcg on shares, I guess
STCG is on capital asset gains which includes shares.Chapter VI deduction can be deducted from such income to arrive at taxable income.
Yes it is available

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