What is amt of tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 SR.CITIZEN FEMALE,
SHORT TERM CAPITAL GAIN .RS 960,545/-(U/S 111A)
INCOME FROM OTHER SOURCE RS 9,163/-(BANK INTEREST).

KINDLY PLEASE TELL ME HOW MUCH TAX PAID


11 July 2014 income from bank int is not taxable upto 10,000 u/s 80 TTA if from savings bank a/c

but for 9.60 lakhs is she abobe 80 yrs or bet 60 to 80 pls clearify.

Rupesh Jain (Expert)
11 July 2014 you can get relif of 111A section 960545-250000= 710545 you have to pay tax@ 15%+3% cess


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