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Important que. of income tax

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14 October 2013 if income is 180000 and incone includes 50000 of long term capital gain @ 20% tax rate.... thn in this case what will be the tax payable by assessee if assessee is an individual of 25 years?
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
14 October 2013 No taxation as the income is less than prescribed limit i.e 200000...
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
15 October 2013 Agreed with aryan it will not be counted.
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