Tax on share trading
X X X X Extracts X X X X
X X X X Extracts X X X X
....ax on share trading<br> Query (Issue) Started By: - Padmalatha Gali Dated:- 27-12-2016 Last Reply Date:- 28-12-2016 Income Tax<br>Got 3 Replies<br>Income Tax<br>Hi, I did some share trading with mone....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y that my husband transferred to my a/c. There are some short term profits and some are long term. How taxation is considered in this case where I used money from my husband? Regards, Padma Reply....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... By Ganeshan Kalyani: The Reply: The income should shall be taxable in either of the spouse . Reply By Padmalatha Gali: The Reply: Thanks! Ganeshan, I have one more doubt based on your reply. you....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... mentioned "either of the spouse", in this case my husband is in 30% slab. But I might fall under less than 2.5 lac slab ( means no tax). In this case who is considered for paying tax on the....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... income of profit earned on share trading. Regards, Padma Reply By Ganeshan Kalyani: The Reply: You may consider it in your ITR as income is earned by you out of share trading.<br> Discussion Foru....
X X X X Extracts X X X X
X X X X Extracts X X X X
....m - Knowledge Sharing ....