adjustment of short term capital gain
This query is : Resolved
30 March 2009
on of my client has a income of 84759. Out of which short term capital gain is 40180.She is a lady. So what is the tax liability of her?
Thanks
Thanks
CA JAIMIN TRIVEDI
(Expert)
30 March 2009
Income upto Rs.185000 for a lady not above 65 years of age for the current year is not liable to tax irrespective of the source of income.
30 March 2009
tax liability is nil
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