WebMay 2, 2024 · Section 111A is applicable in case of STCG arising on transfer of equity shares or units of equity oriented mutual-funds (*) or units of business trust, which are … WebFirst and second provisos to section 48 are not applicable . Not Available . Long Term : 10% , Long Term u/s 112A in excess of Rs. 1 lakh : 10% , short-term u/s 111A : 15% , any other short-term: 30% . Yes . c. interest referred to in section 194LD (from assessment year 2014-15) Not Available - Not Available . 5% . Yes . 115BBA(1)(a)
INDIAN INCOME TAX RETURN
WebFrom sale of equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(ii) proviso (for FII) a Full value … WebFeb 24, 2024 · 3 From the sale of equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(ii) proviso (for FII) a Full value of consideration; b Deductions under section 48 i … does afterpay have a credit limit
Referencer Income Tax Income Tax Rates AY 2024-23 FY …
WebAny equity share, which has been sold through a recognized stock exchange and on which STT has been paid and if it comes under LTCG, it'll be taxed at 10% whereas in case of … WebApr 6, 2024 · As STT is paid/deducted if you sell your equity MF units back to the MF or on the stock exchange the new LTCG regime would apply to these. This means that the LTCG tax regime would be unchanged for unlisted equity shares where STT is not paid on purchase or sale. Taxability shall be calculated in either of 2 below noted methods: WebAct 1961, is paid by the Indian Company declaring the dividend. Income from Units - Exempt under section 10(35) of the Income Tax Act, 1961 - Income (other than above) in respect of securities: 21.012%: 20.60%: 20.60%: Capital Gains - where Securities Transaction Tax (STT) is chargeable; Short Term (where holding period is upto 12 months) 2: 15 ... eye health partners of middle tennessee inc