Calculate Tax Payable by Mr. X (age 45 years) for A.Y. 2012-13
a) Total Income Rs. 7, 00,000 (Including winning income Rs. 6, 00,000)
Agricultural Income Rs. 50,000
b) Total Income Rs. 7, 00,000 (Including LTCG Rs. 6, 00,000)
Agricultural Income Rs. 50,000
c) Total Income Rs. 1, 90,000 (Including LTCG Rs. 50,000)
Agricultural Income Rs. 1, 00,000
d) Total Income Rs. 1, 90,000 (Including winning income Rs. 50,000)
Agricultural Income Rs. 1, 00,000
(Note: Please give calculation procedure with explanation wherever necessary)
Thanks