What is Taxable amount in Releif of 111A????

Shamika (Article) (44 Points)

25 April 2010  

Mr. X is Having Income from other sources rs. 20000, Short term Capital gain is rs. 325000( sec 111A)....now my question is what is the tax liability of mr. x in this case? for F.Y 2009-10..read with relief of sec. 111A.....plz help me...bcoz i m very confused abt tht relief....thanks in advance...