CAPITAL GAIN
This query is : Resolved
Manmohan ACA, CS
(Querist)
12 May 2009
EXPERTS PLEASE ANSWER……………
COMPUTE CAPITAL GAIN TAX................
OTHER INCOME (TAXABLE AT NORMAL SLAB RATE) Rs. 60000
STCG ON SHARES (TAXABLE @ 15%): RS. 50000
LTCG( ON JEWELLARY) TAXABLE @ 20%. RS. 120000
COMPUTE CAPITAL GAIN TAX................
OTHER INCOME (TAXABLE AT NORMAL SLAB RATE) Rs. 60000
STCG ON SHARES (TAXABLE @ 15%): RS. 50000
LTCG( ON JEWELLARY) TAXABLE @ 20%. RS. 120000
taxindiaconnect
(Expert)
12 May 2009
What is the query dear?
CA Nitin Wadhwani
(Expert)
12 May 2009
Assuming the person is a resident male individual below 65 years of age.
Tax payable - 13500/-
Cess: 3% - 505/-
Total PAyable - 14005/-.
Tax payable - 13500/-
Cess: 3% - 505/-
Total PAyable - 14005/-.
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