The promoter of Futuristic Bookstores Ltd. (which sells books on astrology, numerology and palmistry), has recently started investing in stocks. He usually purchases shares of mid-sized companies on the stock exchange. Last month, he sold 10,000 shares of Jupiter Stones Ltd., a company which is engaged manufacturing precious gemstones, and made a handsome profit. He has paid Securities Transaction Tax (STT). He asks wants to know if any other tax liability arises from the transaction.