Comment on Taxation for Traders - Introduction
commented on
02 Mar 2017, 11:25 AM
HI NITHIN,
CURRENTLY AM TRYING TO FILE ITR for FY15-16/AY16-17… I HAVE BEEN DOING TRADING FOR A COUPLE OF YEAR ALONG WITH MY STUDIES..
>>>IN THE FINANCIAL YEAR 2015-16 I MADE SHORT TERM CAP.GAIN OF RS.21000
>>>I DIDN’T INVOLE IN ANY F&O ACTIVITIES FOR THAT PERIOD
>>> I HAVE NO OTHER INCOME SO MY TOTAL REALISED PROFIT IN SHARE MARKET AS STCG IS 21000(i haven’t added my long term loss of 10000)
>>>>since my total income for that period is very low (21K) ,whether i need to pay tax of 15%(for STCG)
thanks in advance…expecting ur help… :-)))