STCG on sale of property

Sir, after DTC, whether half of STCG on sale of property shall be added in income??

asked Jun 26 '11 at 15:34 by shipra 1111


After direct tax code (DTC) implementation, only half of Short-term capital gains (only from equity based assets) will be taxed. e.g. if you gains 50,000, add 25,000 to your taxable income.

For capital assets like property, short term gain will still be added to taxable income fully.

Read more here: Income tax on short term gains after direct tax code

answered Jun 27 '11 at 14:36 by pankaj 5.2k320

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Asked: Jun 26 '11 at 15:34

Seen: 1,537 times

Last updated: Jun 27 '11 at 14:36