STCG

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 April 2010 suppose my salay income for A S 2009-10 was 100000 and STCG is 10000, how much i have to pay tax

if my salary was Rs 150000 then ?
and further LTCG was 6000 then ?

please solve it

Aditya Maheshwari

Aditya Maheshwari (Expert)
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11 April 2010 If in F. Y. 2009-10 or A. Y. 2009 - 10 ur salary is 100000 and STCG is 10000, then no tax to pay as basic exemption covers your whole income.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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11 April 2010 If salary in f. y. 2009 - 10 rs. 150000 and stcg rs. 10000 then also no tax as basic exemption covers your whole income.

If salary in a. y. 2009 - 10 rs. 150000 and stcg u/s 111A rs. 10000 then tax on stcg @ 15% on rs. 10000 = 1500 + ec @ 3% 45 = 1545 and if stcg other than 111A then tax on stcg @ 10% on rs. 10000 = 1000 + ec @ 3% 30 = 1030

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Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

11 April 2010 If in F. Y. 2009-10 or A. Y. 2009 - 10 ur salary is 100000 and LTCG is 6000, then no tax to pay as basic exemption covers your whole income.