Short-term capital gains arising from the transfer of equity shares in a company or units of an equity oriented fund or units of a business trust charged with security transaction tax are subject to income-tax at the rate of –
A. 1096
B. 15%
C. 2096
D. Normal rate
Answer:B
Short-term capital gains arising from the transfer of equity shares in a company or units of an equity oriented fund or units of a business trust charged with security transaction tax are subject to income-tax at the rate of –
A. 1096 B. 15% C. 2096 D. Normal rate