Tax on long term capital gain

if  STT has paid then exempt u/s 10(38)

but if STT is not paid then special tax rate @ 10% or 20% as the case may be applicable.

STT refers to securities transaction tax

To my knowledge, irrespective of the tax bracket we need to pay 20% on LTCG if no STT has been paid. If STT has been paid then the entire LTCG will be taxable.

The long term capital arised due to transfer of immovable property

20% slab rate is applicable in ur case.

 as per the rules, the basic exempyion limit must be set off against the normal income and then excess of exemption limit must be set off against the LCTG. say if the basic exemption limit is 200000, the ltcg can be set off against it.

hence the taxable income comes to nil.

STT is applicanble in case of sale of equity shares hance noy relevant in this case

ur gross total income does not exceed basic exemption limit.

u r not liable to pay any tax.

and to my knowledge STT will come in the case when equity shares are sold.

total income after chapter VIA is 160000

Add LTCG 25000

Total Income 185000

Below Taxable Limit

Hence no TAX

Jignesh's answer is correct. Additing to it, the benefit of adjusting CG to the extent of Basic exemption limit is applicable only for Resident Individual and HUF.

no..income even after considering Capital gain is below taxable limit..hence no tax..
 

Jignesh answer is correct