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Kindly confirm me the way to file income tax return for 2006-07 in the new annexure-less form ITR-2.?

I have some short term gain from mutual funds. Since last two years I have been adding my STG鈥檚 in my salary income and getting tax deducted, as a whole. Some one told me that I should calculate the STG/LTG separately from salary and also their tax liability should be lesser even if my income is in 30% tax bracket. Kindly help me out in this matter.

ok

short term gain has to be calculated separetely - what info u have got is right

short term gain- any sale happening within one yr of purchase - tax liability flat 10%.

tax bracket is not a consideration in this case.

long term gain- any sale happening after one yr of purchase- does not attract any tax liability- tax free.

tax bracket is not a consideration.

Please meet a tax consultant and do not rely on someone or a layman / woman.

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