Hi, if my income from selling shares, like just after listing in IPOs, is less than 1L in a tax year and I have no other source of income, will I have to pay any tax on it or file an ITR?
No tax is owed if your overall income stays below the basic exemption threshold.Filing Requirement: Not legally mandatory if total income is below ₹4 lakh, but filing is advisable to maintain a clean financial record.