• Home
  • Business
business income tax can i claim a deduction under section 80c against capital gains from listed shares

Income Tax: Can I Claim A Deduction Under Section 80c Against Capital Gains From Listed Shares

22hrs 37mins   👁 4

A retired individual with ?5 lakh short-term capital gains and ?2 lakh interest income will face a 20% tax on ?2.5 lakh after deductions. Section 80C benefits are exclusive to normal income, with no tax reduction strategies applicable

Click Here To Visit Source
Recommended For You
Centre releases tax devolution of Rs 173
Centre releases tax devolution of Rs 1.73 lk cr to
Difficult to lower rates without easy fu
Difficult to lower rates without easy funds: Micro
Penalties surge as RBI cracks the whip o
Penalties surge as RBI cracks the whip on lenders
Government forms crisis management group
Government forms crisis management group to tackle
Bank holiday today Are banks closed on S
Bank holiday today: Are banks closed on Saturday,
Manufacturing makeover Clusters near inf
Manufacturing makeover: Clusters near infra hubs,
Attention borrowers RBIs FAQ clarifies b
Attention borrowers! RBI's FAQ clarifies banks mus
UFC Seeks More Than 1 Billion a Year in
UFC Seeks More Than $1 Billion a Year in Next TV R
US Proposes 21 Billion Medicare Payment
US Proposes $21 Billion Medicare Payment Boost to
Retailer Joann Is Considering Second Ban
Retailer Joann Is Considering Second Bankruptcy Fi
Companies News Today Live Updates on Jan
Companies News Today Live Updates on January 11, 2
ExKKR team director Joy Bhattacharjya sl
Ex-KKR team director Joy Bhattacharjya slams SN Su