STCG & LTCG rates for 13-14 c/reg

[Guest]

Sir,

I am engaged in trading of shares through IDBI Bank share trading platform. I have earned Rs. 60000/- during 2013-14 and also sold shares less than their purchase price incurring loss of Rs. 22000/-. Kindly let me know how much STCG tax I will have to pay.Regards.

Pradip

AI Summary

Clarification Sought on Short-Term Capital Gains Tax for 2013-14: Rs. 60,000 Gain, Rs. 22,000 Loss in Share Trading. A participant in a discussion forum inquired about the short-term capital gains (STCG) tax applicable for the financial year 2013-14. The individual, trading shares through a bank's platform, reported earning Rs. 60,000 and incurring a loss of Rs. 22,000 from selling shares below their purchase price. The response from another participant asked if the issue was clarified and requested further information if needed.