POSTED BY April 26, 2013 3:06 am COMMENTS (10)ON
I have questions in my mind as follow:
Suppose my mother invest in some shares and gain profit from it within 6 months. while total income from bank FD on her name and the share profit is less than 2 lakhs. so This short term capital gains included in tax bracket or not?
If income is more than 2 lakhs, so does we have to pay 15% tax on short term capital gain from share trading instantly or after whole calculation for the year?