Tax calculation

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2010 a woman having total income of Rs. 200000/-
including LTCG 30000
stcg 10000
and winnings 20000

and given in question seprately agriculture income 50000

what will be the tax for AY 10-11

CA Punit

CA Punit (Expert)
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25 September 2010 LTCG @ 20% = Rs. 6000
+ STCG @ 15% = Rs. 1500
+ winnings @ 30% = Rs. 6000
- Rebate on Agri inc = Rs.(5000)

Net Tax Payable = Rs. 8500
Cess @ 3% = Rs. 255
Total Tax payable = Rs. 8755

If LTCG on listed shares & STT paid, No tax u/s 10(38)
if STCG other than on shares & STT then,1000