Supposed if i gain profit of 1 Crore in short term capital gain by selling of Share. than how income tax will be calculated. as per business income or 15% Flat tax as its a stcg?
Hello @nakhwa.adil,
Short term capital gain u/s. 111A is treated as special rate income, therefore, income tax will be charged @15% flat on such profits earned.
For further clarification, you can refer to below articles!
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