Taxability of A Senior Citizen

Tax queries 1623 views 18 replies

@ ankit : ok bro nd thnx 4 the help

agree with gaurav

e-Sahaayataa

Grievance Status : Resolved.
Grievance Remark(s) :
28/10/2010 Winnings of Rs.20,000 from lotteries is taxable at a flat rate of 30% plus 2% education cess and 1% SHEC, which works out to Rs.6,180. Since the balance income of Rs.2,30,000 (i.e. Rs.2,50,000 - 20,000) is less than the basic exemption limit of Rs.2,40,000, there would be no tax liability on such income.


Your Grievance Details
Grievance No. 001201022423BH
Activity BOS
Region Western
Name KALPESHKUMAR ASWINKUMAR CHAUHAN
Memebership/Registration No. WRO0215602
Grievance Type All matters related to students' Counselling and Co-ordination of IPCC Orientation Course
Grievance MR. jalpesh, A RESIDENT SENIOR CITIZEN WHOM TOTAL INCOME IS RS. 2,50,000. THIS INCOME INCLUDES "INCOME FROM WINNING FROM LOTTERIES" RS. 20,000. COMPUTE THE TAX LIABILITY OF MR. jalpesh FOR THE A.Y. 2010-2011.
Grievance Date 26/10/2010
Please click here if you want to reopen this grievance.

Frequently Asked Questions (FAQs) | Presentation - How to make use of e-sahaayaata

Hi Friends

         I too tried using sahayata after your reference, seeking solution for an standard costing problem they insisted me to check my mail at the submission but i havent receive any mail.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details