If gross total income is less than basic exemption limit then will STCG be taxable , as there is flat 15% tax rate on STCG
please clarify ?
 |
If gross total income is less than basic exemption limit then will STCG be taxable , as there is flat 15% tax rate on STCG please clarify ? |  |
It will be taxable @ 15% only over the balance amount left after adjustment of basic exemption limit.
|
but sir GTI (Including STCG) is below Basic exemption limit then also it will be taxable? | |
In that case, tax liability doesn't arise.......
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