short term capital gain

#1
hi, i got shares as a gift from my uncle & i sold in the same month , i received Rs. 200000.00 .My Other income is Rs. 165000.00. Can anyone suggest me what can be tax (short term capital gain) i have to pay. And also ways to avoid tax by investing in tax saving plans?
 

nac

Well-Known Member
#2
I don't know... it can't be consider as short term capital gain but as gift. If there is tax for gift (I think there is), you have to pay.

Ask mods to move this thread to TAXATION section.
 

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