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JumpyMuffin
JumpyMuffin
Genpact

Help needed for tax

My CTC is 7 LPA, in January of this year I made a profit of 2,500 Rupees after selling my shares I got through IPO. Do I need to pay taxes for this I am very confused.Kindly help 🙂

19d ago
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SwirlyHamster
SwirlyHamster
Walmart19d

You will have to pay taxes, since it's short term gain

JumpyMuffin
JumpyMuffin
Genpact19d

I am very confused the above comment said it is not taxable, any reference documents which I can refer to. I don't have any idea on this

SparklyPretzel
SparklyPretzel
Cognizant19d

not required

JumpyMuffin
JumpyMuffin
Genpact19d

Do I need to fill those details on ITR or just leave them blank

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