SET OFF & CARRY FORWARD LOSS - Iteftncircle.com
SET OFF & CARRY FORWARD LOSS Computation of total income of Z for the Short term capital loss of AY 08-09 80000 upto AY 16-17 (20000) Long term capital gains from shares 12000 Less: When STT paid exempted u/s. 10(38) 12000. Computation of Tax liability of Mr. John for the Asst. Year 2014-15 ... View Doc
Selected Issues On capital Gains For Non-residents
Selected issues on Capital Gains for Non-residents capital gains –short-term or long-term; STT is paid 15% Section 111A Capital assets other than those mentioned above including off-market sale of listed equity shares and units of equity- ... Fetch Content
Learned Assessing Officer in assessing short term capital loss in STT transaction tax was also paid by the assessee in respect of delivery based transaction of shares. AO, however, proposed that the short ... Content Retrieval
Taxation Of Shares & Securities Transactions - Ctconline.org
Of equity shares Listed Sale on RSE – STT pd. – Exempt u/s 10(38 without indexation Unlisted – 20% with indexation . CNK 5 Capital Gains Tax – Shares (Short Term) Short Term Capital gains on transfer of equity shares Listed being paid – whether capital loss Bennett Coleman & Co ... Content Retrieval
Global Business Tax Alert Sharp Insights - Deloitte US
Global Business Tax Alert Sharp Insights Amendments to Finance Bill, shares as short term or long term capital asset. stock exchange located in IFSC, even where Securities Transaction Tax (STT) is not paid. ... Get Doc
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
Sanjeev Bhagat CA. Gaurav Agrawal CA. Saurabh Agrawal CA. Himanshu Agrawal long term capital loss from shares where STT is paid cannot be adjusted against then sell the shares. Short term capital gain tax ... Get Content Here
Process Note: Profit / Loss Statement - Motilal Oswal
Process Note: Profit / Loss Statement (First In First Out) method to calculate Long Term and Short Term Capital Gains. 5) STT Paid / STT not paid status is correctly updated if you are using Non MOSL manual entry section of Portfolio, ... Read More
On The Securities Transaction Tax - Bombaychamber.com
Resulting in a profit or loss. Securities Transaction Tax (STT) also became the rate of tax on short term capital gains (on which STT paid) was increased from 10% to 15%. On The Securities Transaction Tax ... Retrieve Document
Set Off Losses Against Other Income Heads - Voice Of CA
Set off losses against other income heads If sold before three years, it’s a short-term capital gain/loss. However, if you sell the shares offline without paying STT, the loss can be adjusted against a long-term capital gain. ... Read Content
Tax Reckoner Rev-2013-14 - Tata Mutual Fund
Tax Reckoner 2013-14 $ # - Short term/ long term capital gain tax will be deducted at the time of redemption of units in case of NRI investors only. ## - After providing for indexation * Securities transaction tax (STT) ... Access Doc
A. Taxation On Investing In Mutual Funds A. TAX TREATMENT OF ...
A. Taxation on Investing in Mutual Funds Section 48 provides that no deduction shall be allowed in respect of STT paid for the transfer of short-term capital assets can be adjusted against gains arising from the transfer of either a long-term or a ... Access This Document
The Investment Lawyer - K&L Gates
The Investment Lawyer Th e India short-term capital gains tax (for securities held for 36 months or less) is cur-rently 15 percent and, in contrast, term capital gains on listed shares for which the STT was paid.47 Accordingly, ... Read Full Source
BCAS LECTURE MEETING 20st May 2008 May 2008
- U/s 74(1) - Capital loss • Information about Short Term Capital Gain • From Slump Sale On shares on which STT has been paid. – Show separately and reduce from total • Arrive at final figure of ST Capital Gain ... View This Document
Popular Videos - Capital Gain & Term - YouTube
Sign in now to see your channels and recommendations! Sign in. Watch Queue Queue. Watch Queue Queue. Remove all; Disconnect ... View Video
Global Business Tax Alert Sharp Insights - Deloitte US
Global Business Tax Alert Sharp Insights exclusion of computation of capital gain of long-term capital asset or short-term capital asset being equity shares. in that case held that if STT paid long-term capital gain is exempt under section 10(38), so ... Content Retrieval
Tax Reckoner—2017 18 Equity Oriented Scheme Taxation*
(DDT) (Paid by the scheme) Nil Nil Nil Capital Gains& * Securities transaction tax (STT) will be deducted on equity funds at the time of redemption/ switch to the other Short Term Capital Gains Long Term Capital Gains ... Fetch Doc
Indian Association Of Alternative Investment Funds (IAAIF)
Short term capital gain year Nature (Holding period) Resident Non- Resident Long term capital gain Listed (> 1 year) Exempt (subject to STT paid on acquisition – Finance Bill 2017) Unlisted (> 2 years) 20% (with Capital Gains on transfer of shares Taxable (refer next slide) Taxable ... Access Content
Taxbase Level 2.ppt - Sinewave.co.in
Long term, short term, against shares or other, exemptions. -> Calculate Capital gain or Capital Loss manually -> Then system will ask you whether paid STT select appropriate answer ... Read Here
Talk:Capital Gains Tax - Wikipedia
Short term capital gains are taxed just as any other income and they can be negated against short term capital loss from the same business. To qualify for these lower taxes on sale of shares, a Securities Transaction Tax (STT) ... Read Article
263 - ICSI
263: 1 : 263/1 Roll No Short-term capital loss 60,000 Winnings in card games (gross) 6,000 Agricultural income 20,000 Long-term capital gains from the shares (STT paid) 10,000 Short-term capital loss from shares under section 111A 15,000 Bank interest 5,000 ... Get Content Here
Income Tax In India - Wikipedia
Subscription to long term The deduction was 50% of amount invested in such equity shares or The premium is to be paid by any mode of payment other than cash and the insurance scheme should be framed by the General Insurance Corporation of India & approved by ... Read Article
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