Income tax on domestic company
This query is : Resolved
TEJMAL SHARMA
(Querist)
19 May 2014
Respected sir / mem please give me suggestion urgent, my compnay's computation show a taxable income of business Rs.1,02,22,473/- and a short term capital gain Rs.2,69,333/-
i am pay tax on business income Rs.1,02,22,473/- @ 32.445% (30% tax + 5% surcharge + 3% edu & s & hs) & short term capital gain Rs.2,69,333/- @ 16.222/- (15% tax +5% surcharge +3% edu & hs)
i am right or wrong .
i am pay tax on business income Rs.1,02,22,473/- @ 32.445% (30% tax + 5% surcharge + 3% edu & s & hs) & short term capital gain Rs.2,69,333/- @ 16.222/- (15% tax +5% surcharge +3% edu & hs)
i am right or wrong .
Sandeep Dharar
(Expert)
19 May 2014
For Business u r right. But whether the STCG includes STT paid?
TEJMAL SHARMA
(Querist)
19 May 2014
sir i am gain stcg on depriciable assets
Sandeep Dharar
(Expert)
19 May 2014
Then this is also right,
TEJMAL SHARMA
(Querist)
19 May 2014
Thankyou very much sir
Sandeep Dharar
(Expert)
19 May 2014
ur welcome dear.
Sandeep Dharar
(Expert)
19 May 2014
Well, convey ur regards by hitting the thanks button.
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