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
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
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
+ 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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- TAN for Partnership
- NON- SUBMISSION OF LLP FORM 3
- Long Term Service award taxability in hands of company
- What is provisional receipt number for generation of form 16A
- Last year TDS Claim
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- LTCG for Assmt year 26-27
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
