short term capital gain on sale of shares

RAMESH (Querist) 13 August 2010 This query is : Resolved
short term capital gain on sale of shares (STT Suffered) gain amount will get u/s 80(C) benefit of Rs. 100000/-

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AMIT BAJAJ ADVOCATE (Expert) 13 August 2010
STCG taxable u/s 111A is not eligible for any deduction u/s 80C

B.R. BHALLA, ADVOCATE (Expert) 15 August 2010
Short term capital gain on sale of Shares is taxable at 15% for A.Y. 2010-11. Earlier it was taxable at 10%

soumitra basu (Expert) 22 August 2010
I agree

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