Comment on Zerodha - your tax aide while you trade
commented on
07 Aug 2015, 12:18 AM
Hello Nitin
I think your point 2 is not correct.
“If your total taxable income excluding short term gains is less than the minimum income which is chargeable to tax (Rs 2,50,000 for financial year 2014-15) – you can adjust this shortfall against your short term gains. Remaining short term gains shall be then taxed at 15% + 3% cess on it.” — from Cleartax