Student
57 Points
Joined September 2011
Dear Sir,
https://www.incometaxindia.gov.in/pages/tools/income-tax-calculator.aspx
But I calcuted my tax on above link (Income tax calculator available on Income tax India's website).
it's showing -
Short Term Capital Gains (Covered u/s 111A) 15% = 25,800 * 15%
= 3,870 - 2,500 (relief u/s 87A)
= 1,370 + 41 (Education Cess + Secondary and higher education cess)
= 1,411 (Net Tax Payable)
Kindly clear this confusion !!!!!!!!!!!