Menu
My income tax
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)
Quick Summary
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 %
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 %
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
