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Income tax

Aishwaryakumar (Student)     08 July 2013

 28 points

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If total income contains only long term capital gains can we claim basic exemption limit.

Eg. LTCG Rs.120000/- (No other income)

Tax Liability???????



Sumit Grover (Chartered Accountant )     08 July 2013

Sumit Grover
Chartered Accountant  
 383 likes  3647 points

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Absolutely yes.....

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Akshata (CA Final )     08 July 2013

CA Final  
 30 likes  324 points

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Yes if u r a resident..

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