Posted on: 19th Sep, 2009 02:08 am
I have just sold 100 my shares that
i was aloted in a IPO and got 30 % profit in a span of 3 months,
just want to know is this amount taxable,
iF YES ,How i can save tax ON MY SHARE PROFIT ?
hELP?
i was aloted in a IPO and got 30 % profit in a span of 3 months,
just want to know is this amount taxable,
iF YES ,How i can save tax ON MY SHARE PROFIT ?
hELP?
Yes this profit is taxable
If you reinvest this money in any otehr stock and keep in ti for year yourtaxes may be less
If you reinvest this money in any otehr stock and keep in ti for year yourtaxes may be less