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Commerce · Q429

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 429

Q429

Short-term capital gain other than covered under section 111A is charged to tax at:

A.
10%
B.
15%
C.
20%
D.
Normal rate of tax which is determined on the basis of the total taxable income of the taxpayer
Answer

Answer: Option D

Solution

Answer: Option D
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