Income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2012
Hi, I have Salary, Interest income, dividend income, STCG & LTCG on sale of equity shares and debt oriented MF.
I have computed the taxability as under
Interest Income at Normal Slab rates
Dividend Income
Equity Shares Exempt
Equity MF Exempt
Debt MF Exempt
STCG
EquityShares 15%
Debt MF Normal Slab rates
LTCG
Equity Shares Exempt
Equity MF Exempt
Debt MF 20% with indexation
Is it correct. Do I need to take into account anything else.
I have computed the taxability as under
Interest Income at Normal Slab rates
Dividend Income
Equity Shares Exempt
Equity MF Exempt
Debt MF Exempt
STCG
EquityShares 15%
Debt MF Normal Slab rates
LTCG
Equity Shares Exempt
Equity MF Exempt
Debt MF 20% with indexation
Is it correct. Do I need to take into account anything else.
21 July 2012
Yes your working is correct.
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