banner_ad

IT Liability

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 March 2011 MR. X IS HAVING SALARY INCOME95000 AND LTCG75000. WHAT IS THE TAX LIABILITY? (FOR A.Y 11-12)
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
14 March 2011 For AY 2011-12 Tax Liability NIL
Profile Image

Devendra

Profile Image

Devendra (Querist)
14 March 2011 Will the LTCG be taxed at special rate? OR
Don't we have to take the total of the incomes of the 2 sources ie. Rs. 170000 and tax is charged on the remaining Rs.10000?
Profile Image

Manmohan ACA, CS

Profile Image

Manmohan ACA, CS (Expert)
15 March 2011 Tax liability 2000 + EC + SHEC
Profile Image

CA KRISHNA KUMAR DARUKA

Profile Image

CA KRISHNA KUMAR DARUKA (Expert)
15 March 2011 According to proviso to section 112(1)(a)long term capital gains will be charged only on10000 @20% + EC.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details