POSTED BY February 4, 2013 5:22 pm COMMENTS (3)ON
I work in a software company where my tax payments happen by deduction at source.
I do trading in stocks. For instant, I buy stocks at 50000 and sell at 70000 I get a profit of 20000 and how much do I need to pay taxes?
Will they deduct taxes automatically at the transaction or I need to pay taxes separately as in My Form 16 it would not reflect.
Because, it happened me. As I got some profit last year, but I did nt pay any taxes separately.
Could some one please throw light on this?