TMI BlogTax on short term capital gainX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, I have one doubt regarding tax calculation on short term capital gain. Scenario: My anual salary income is 9,00000 and if i gain 12,00000 as short term capital gain from share trading. I have ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lculate tax from some online tax calculator site and it is showing me around approx, 4.50,000 as tax amount. As per my understanding 15% is on short term gain as it should be 1,80,000 and for my sala ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry around 55,000 which turns to approx. 235,000, then why it is showing 4,50,000 on tax calculator on online site. Please advise me. - Reply By Ganeshan Kalyani - The Reply = Sir, can you share wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th us the link in which you are trying to calculate income tax amount. We shall try to work out if you can give some more details like income, investment etc etc. otherwise please let us know the Fin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ancial Year and link. Thanks. - Tax on short term capital gain - Query Started By: - Krunal Bhatt Dated:- 18-3-2016 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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