int.u/s 234B & c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 July 2010
dear sir, pls solve my problem and give me clearly answer. i m taxpayer.
tax liab. 11610
advance tax 8000
self asses. tax 3610
sec. 234 B & C shall apply. tax liab.of 11610 arise on sale of equity shares (STCG) u/s 111A. sec. 234B & C is applicable on bussiness income only or cap gain arise u/s 111A.
ded. u/s 80C and basic exem. hasbeen availed.
tax liab. 11610
advance tax 8000
self asses. tax 3610
sec. 234 B & C shall apply. tax liab.of 11610 arise on sale of equity shares (STCG) u/s 111A. sec. 234B & C is applicable on bussiness income only or cap gain arise u/s 111A.
ded. u/s 80C and basic exem. hasbeen availed.
25 July 2010
Section 80C deduction cannot be claimed, {ref section 111A(2)} , on short term capital gain assessable under section 111A.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Transporter Declaration form
- Copyright software
- Multiple trade mark
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Clarification on TDS Applicability
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
