Income Tax on Share Trading Transactions | Capital Gains Tax | CA Subin VR

In this video, we break down the latest income tax rules on profits from share trading and equity investments, especially after the Finance Act 2024, effective from 23rd July 2024. Whether you're an investor or a trader, understanding the new capital gains tax rates, exemptions, and filing requirements is essential.

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What You’ll Learn in This Video

Capital gains taxation for equity shares, mutual funds, and F&O

Latest amendments to Section 111A (STCG) and Section 112A (LTCG)

New tax rates and exemption limits effective from July 2024

Intraday and F&O tax treatment

Investor vs Trader classification

ITR filing, scrip-wise reporting, and loss set-off rules

Section 87A rebate applicability under new rules

📌 Key Updates from July 23, 2024

Section 111A – Short-Term Capital Gains (STCG)

Old rate: 15%

New rate: 20% for transactions on or after 23 July 2024

Applies to equity shares and equity mutual funds where STT is paid

Holding period of 12 months or less

Section 112A – Long-Term Capital Gains (LTCG)

Old rate: 10% on gains exceeding 1,00,000 rupees

New rate: 12.5% on gains exceeding 1,25,000 rupees

Applies to listed equity shares, equity mutual funds, and units of business trusts (STT paid)

No indexation benefit

Grandfathering rule (for shares acquired before 1 Feb 2018) still applies

Holding Period Rules Simplified

12 months for listed securities

24 months for most other capital assets

36-month category removed

Section 87A Rebate Clarification

Till AY 2025-26: Rebate may still apply on STCG/LTCG if total income is within limit

From AY 2026-27: Rebate not allowed on income taxed at special rates like 111A and 112A

Intraday & F&O Trading

Intraday: Speculative income, taxed at slab rate

F&O: Non-speculative business income, taxed at slab rate

Reported under ITR-3

Eligible for expense deductions and loss carry-forward

🧾 Who Should Watch This Video?

Stock market investors and swing traders

Intraday and F&O traders

Mutual fund investors

CA aspirants and finance professionals

Anyone filing ITR with capital market income

📚 Useful Resources

Income Tax Portal: www.incometax.gov.in

Section 111A (Updated): incometaxindia.gov.in

Section 112A Amendment Details: taxguru.in

Rebate & Special Rate Clarification: economictimes.indiatimes.com

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Disclaimer: This video is intended for education purpose only and not for the purpose of soliciting business. The viewers shall take professional advice before taking any decisions on the matters specified in the video. The matters discussed in the video may subject to change due to amendments in various Acts/Rules etc. This channel will not responsible for any damages caused to the viewers.

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