Tax calculation

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2010 a woman having total income of Rs. 200000/-
including LTCG 30000
stcg 10000
and winnings 20000

and given in question seprately agriculture income 50000

what will be the tax for AY 10-11

CA Punit

CA Punit (Expert)
Follow

25 September 2010 LTCG @ 20% = Rs. 6000
+ STCG @ 15% = Rs. 1500
+ winnings @ 30% = Rs. 6000
- Rebate on Agri inc = Rs.(5000)

Net Tax Payable = Rs. 8500
Cess @ 3% = Rs. 255
Total Tax payable = Rs. 8755

If LTCG on listed shares & STT paid, No tax u/s 10(38)
if STCG other than on shares & STT then,1000

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Aayesha mulani

Manish Tiwari

Amit Choudhary

SANJAY GOSALIA

Ashok Kumar Garg

Subscribe Now

Tax calculation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANCY

GST CONSULTANT

Senior Executive

CA Final

Manager- Finance and Compliance