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Marglinal relief on tax on capital gain

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(Querist)
06 July 2009 Normal income of an individual other than capital gain is 9 Lacs and his income from capital gain is 1,20,000/- Can he calim marginal relief
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Deepak Goel

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Deepak Goel (Expert)
07 July 2009 Yes, you can avail marginal relief
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Ratan Sharma

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Ratan Sharma (Expert)
07 July 2009 yes
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CA Bosu babu

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CA Bosu babu (Expert)
07 July 2009 yes man....but in budget 2009 they had removed the surcharge to the individual....automatically Marginal relief will go off.....

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