I want to know how tax is deducted after making a capital gain. Let’s say I made a capital gain of 2 lakhs, so can I withdraw 2 lakhs directly to my savings account, and will it be taxed later at 15% ? or is it taxed immediately after making the capital gain at 15% and will it end up with 1.7 lakhs in my Demat account?
(OR)
Does the whole taxation (tax deduction and tax return) happen after filing the tax return?
Hey, I’m new to trading, I would appreciate any reply, and sorry if am wrong by any means.
are there services that can help you compute and pay these taxes quarterly for me? I know there are Quicko and ClearTax to file ITR but for the computation is there any?
This should be part of the services that a CA can offer. I don’t know this from personal experience, though. Perhaps Quicko or ClearTax offers such a service? You could check with them. @Quicko ?