Dear Sirs,
I am a senior citizen . I have earned Short Term Capital Gain from sale of Mutual Fund ( Debt Fund )- Rs. 12,718/- and from Equity oriented Mutual Fund- Rs. 881/- , apart from Long Term Capital Gain ( subject to STT) of Rs. 5,576/- These are the information provided by my Mutual Fund agent through whom I invest my surplus fund by way of SIP/ outright purchase as suggests by the Agent.
My other income for the FY 2019-2020 is Rs. 3,90,000/- only. Am I to pay Income Tax separately on Capital Gain as detailed above?
CAclubindia
