Total Income 460000
Capital Gain (Shares) 50000
Is income taxable
1. under new tax regime
2. old tax regime
(FY:2022-23)
(i.e exempt ltcg (upto 1 lakh) should be added to income or not under new or old regime)
Total Income 460000
Capital Gain (Shares) 50000
Is income taxable
1. under new tax regime
2. old tax regime
(FY:2022-23)
(i.e exempt ltcg (upto 1 lakh) should be added to income or not under new or old regime)
Not taxable under both regime, when shares sold were hold more than one year.
Yes, the deduction available in both regime.
it is long term capital gain in equities.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
