Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Tax on short term capital gain

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Hi, I have one doubt regarding tax calculation on short term capital gain. Scenario: My anual salary income is 9,00000 and if i gain 12,00000 as short term capital gain from share trading. I have ca .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lculate tax from some online tax calculator site and it is showing me around approx, 4.50,000 as tax amount. As per my understanding 15% is on short term gain as it should be 1,80,000 and for my sala .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ry around 55,000 which turns to approx. 235,000, then why it is showing 4,50,000 on tax calculator on online site. Please advise me. - Reply By Ganeshan Kalyani - The Reply = Sir, can you share wi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... th us the link in which you are trying to calculate income tax amount. We shall try to work out if you can give some more details like income, investment etc etc. otherwise please let us know the Fin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ancial Year and link. Thanks. - Tax on short term capital gain - Query Started By: - Krunal Bhatt Dated:- 18-3-2016 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates