CAPITAL GAIN

This query is : Resolved 

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


12 May 2009 What is the query dear?

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/-.


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