I frequently buy and sell stocks.Will the income be treated as short term gain and I have to pay 10% tax or I will be treated as income from business and have to pay as per slab.
RE:short term gain tax
by RamGopalVarmaKi DAG on Mar 02, 2008 05:16 PM Permalink
show in returns as Short term capital gains. For FY 2007-08, i.e. AY 2008-09, Short term capital gains is increased from 10% to 15% by chiddu.
