This is Srikanth., Plz clarify tax rate on Short Term Capital GAin for FY 2010-2011. Thanks in advance
annasrikanth (student) (202 Points)
30 April 2011This is Srikanth., Plz clarify tax rate on Short Term Capital GAin for FY 2010-2011. Thanks in advance
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 30 April 2011
Tax on short tem capital gains
on which security transaction tax is paid - 15% (Sec-111A)
others - as per your taxable slab.
CAclubindia
