TaxTMI 
TaxTMI 
What will be my tax liability if I have just have stocks (No other income) and sell them after 1 year and get 20 Lakhs as capital gains. Will these 20 lakhs be taxed at flat 10% or they will be taxed differently?
Capital gains
26 Sep 2021 
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Capital gains taxation: query whether long term stock gains are taxed at a flat rate or differently when sole income.
Whether sale of stocks held for more than one year, producing 20 lakhs of gains as the sole source of income, attracts a flat capital gains tax rate or is subject to a different tax treatment, focusing on the taxpayer's lack of other income and the applicable tax liability on those long held stock gains. (AI Summary)
Whether sale of stocks held for more than one year, producing 20 lakhs of gains as the sole source of income, attracts a flat capital gains tax rate or is subject to a different tax treatment, focusing on the taxpayer's lack of other income and the applicable tax liability on those long held stock gains. (AI Summary)