What are IT provisions if short term gains in case of women are
firstly less that 1,35,000/-
Is it straight 10% irrespective of total income or NO tax till exemption limit i.e. 1,35,000/-
Secondly More than 1,35,000/-
will gains will be added to your income and tax to be calculated on over all income as per tax slab
or gains to be added to total income pay 10% on short term and pay as per slab rate on balance income but short term will move up your over all income to next slab rate
firstly less that 1,35,000/-
Is it straight 10% irrespective of total income or NO tax till exemption limit i.e. 1,35,000/-
Secondly More than 1,35,000/-
will gains will be added to your income and tax to be calculated on over all income as per tax slab
or gains to be added to total income pay 10% on short term and pay as per slab rate on balance income but short term will move up your over all income to next slab rate