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Capital Gain Head

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 April 2010 Plz Calculate taxable income and tax for A.Y.-2010-11:-
eg.- Income of Mr.X (Age 45 Years) other then capital gain 1,30,000/-, Short Term Cap.Gain from sale of land 25,000/-, Long Term Cap.Gain from sale of house property 30,000/-?
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CMA.Palani Arumugam

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CMA.Palani Arumugam (Expert)
13 April 2010 Pl explain whether short term & long term capital gains are from Shares which are listed in the stock exchange. Explain whether STT(Securities Transaction Tax) are paid, because calculation will be done accordingly.
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