LTCG ON SIP

Rate of 10% is come under special rate.

education cess and interest liabilty u/s 234 is applicable on total tax liabilty.

so firstly calculate ur tax liabilty then add education cess and add interest

Yes you have to pay the tax and eductaio cess 3% on total tax liability and accordinly you have to calculate the interest us 234A,B,C.

Thanks,

Regards,

Rahul Gupta

09958073300

rahulguptacacs @ yahoo.co.in

rahul.gupta @ generalcable.co.in

Rate of 10% is come under special rate.

first of all you have to calculate ltc @ 10% than education cess & sec.edu. cess

  and interest liabilty u/s 234 A,B,C is applicable on total tax liabilty.

DALPAT GOYAL

CA FINAL STUDENT