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section 111a

Short-Term Capital Gain on Shares: Categories and Taxability under the Income Tax Act, 1961

1 July 2024 by Adv Aditya Narayan
capital gain

Understanding Short-Term Capital Gain on Shares Capital gains can be realized while trading shares, either as long-term or short-term gains. Typically, a seller aims to achieve a short-term capital gain when selling shares at a higher price than their purchase …

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Short-Term Capital Gain on Sale of Shares as per Section 111A of Income Tax

30 June 2024 by Adv Aditya Narayan
capital gain

Understanding Capital Gains on Sale of Shares Profits or gains arising from the sale of shares are classified as capital gains under the Income Tax Act. These gains can be categorized as short-term or long-term, depending on the holding period …

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