Tds
This query is : Resolved
18 February 2015
Compute tax for AY 2015-16 of resident individual wth S.T.C.G of 2L arising on transfer of eq. shares listed on S.E.on which STT paid and LTCG 2.5L on land transfer and Has no othr income??
Plz do reply wth reason...
18 February 2015
Tax payable on Long term capital gain of 2.5L is nil considering basic exemption. Tax payable on S.T.C.G of 2L at 15% less rebate 2000 is 28,000.
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