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so will i have to pay income tax over it ? suppose my yearly salary is 5,00,00 and i earn 20,000 (out of which 10000 is my profit) in stocks after holding them for 13 months, so my total income is 520000. According to indian tax code anything above 250000 is liable for being taxed so will i have to pay for 5,20,000-2,50,000= 2,70,000.Is my taxable income 2,70,000 and if it not how much is my taxable income then ?
