13 April 2010
Plz Calculate taxable income and tax for A.Y.-2010-11:- eg.- Income of Mr.X (Age 45 Years) other then capital gain 1,30,000/-, Short Term Cap.Gain from sale of land 25,000/-, Long Term Cap.Gain from sale of house property 30,000/-?
13 April 2010
Pl explain whether short term & long term capital gains are from Shares which are listed in the stock exchange. Explain whether STT(Securities Transaction Tax) are paid, because calculation will be done accordingly.