RESIDENT INDL less than 60yrs ,Female.
case1
income from other sources Rs 123000
LTCG FROM sale of land Rs 125000
Gross total income rs 248000
80 c deductions rs 150000
80tta deduction 10000
would ltcg be taxable after claiming s 112?net income less than rs 250000
case 2
income from other sources 123000
ltcg from sale of land 131000
80c 150000
80tta deduction 10000
gross total income 254000
80 c and 80 TTA dedn 160000
pls tell me taxability on ltcg
CAclubindia
