Computation of income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2013 Dear sir,
A individual has received compensation for acquisition of immovable property(building,))by LAND ACQUISITION OFFICER,NH-6,CELL and income tax has been deducted for tax U/S 194A for financial year 2012-13.How can I compute the income and capital gain and calculate tax and refund if the property is purchased before 1981

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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02 September 2013 Compensation rec 3,20,066
(-)Indexed Costof acqisiton (if longterm)xx
net capital gain XXX
tax on above @20% xx
(-) basic slab rate eg2,00,000 for non senior males
(-)tds deducted u/s194A
Bal if any the payable.

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