A foreign institutional investor (FII) has total income which includes short-term capital gains on sale of listed shares of ₹30 lakh. The rate of tax for charging such income to tax is —
CS Executive · Tax Laws and Practice · PYQS · June 2016
A foreign institutional investor (FII) has total income which includes short-term capital gains on sale of listed shares of ₹30 lakh. The rate of tax for charging such income to tax is —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax
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