STCG
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 April 2010
suppose my salay income for A S 2009-10 was 100000 and STCG is 10000, how much i have to pay tax
if my salary was Rs 150000 then ?
and further LTCG was 6000 then ?
please solve it
if my salary was Rs 150000 then ?
and further LTCG was 6000 then ?
please solve it
Aditya Maheshwari
(Expert)
11 April 2010
If in F. Y. 2009-10 or A. Y. 2009 - 10 ur salary is 100000 and STCG is 10000, then no tax to pay as basic exemption covers your whole income.
Aditya Maheshwari
(Expert)
11 April 2010
If salary in f. y. 2009 - 10 rs. 150000 and stcg rs. 10000 then also no tax as basic exemption covers your whole income.
If salary in a. y. 2009 - 10 rs. 150000 and stcg u/s 111A rs. 10000 then tax on stcg @ 15% on rs. 10000 = 1500 + ec @ 3% 45 = 1545 and if stcg other than 111A then tax on stcg @ 10% on rs. 10000 = 1000 + ec @ 3% 30 = 1030
If salary in a. y. 2009 - 10 rs. 150000 and stcg u/s 111A rs. 10000 then tax on stcg @ 15% on rs. 10000 = 1500 + ec @ 3% 45 = 1545 and if stcg other than 111A then tax on stcg @ 10% on rs. 10000 = 1000 + ec @ 3% 30 = 1030
Aditya Maheshwari
(Expert)
11 April 2010
If in F. Y. 2009-10 or A. Y. 2009 - 10 ur salary is 100000 and LTCG is 6000, then no tax to pay as basic exemption covers your whole income.
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