Comment on Account Opening Process - Corporate,Partnership Firm, & HUF

Akshay.A commented on 07 Sep 2017, 03:53 PM

30% is the income tax, this doesn’t apply to capital gains as that is flat 15% under Section 111A. LTCG is exempt like individuals under Section 10(38).
Wouldn’t be able to comment in detail on the taxes bit, best to check with a Charted Accountant.

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