Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 August 2014 capital gain is chargeable when income is below basic exemption limit ?

19 August 2014 depends on the nature of capital gains and resident status

20 August 2014 all capital gain are not always exempt/not taxable when your other income below the exempt limit.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 August 2014 suppose my total income is 300000 and long term capital gain is 150000 and ifos income is 150000 then what is the taxability of the same ?


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