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My income tax

Others 325 views 3 replies
My interest income is Rs. 30200/- and my LTCG after indexation is Rs. 340000/- i, e Total income is Rs. 642000/- after 80C benifit of Rs. 150000/-, my net income would be Rs. 492000/- including LTCG of Rs. 340000/- with indexation, shall I hv to pay tax?
Replies (3)
Long term capital gain arises it will be taxable

Fill itr2. It will automatically calculate and work out details of tax to be paid or not

Long term Capital gain tax are applicable in the following cases :
some pertinent points
a) stt paid.
b) stocks are enlisted in recognized stock exchange.

d) Its for an aop 20% Flat rate.
e) its for an individual indexation is required calculate capital gain tax is applicable long term in excess of rs.1 lac.10 %


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