Tax on capital gain

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Querist : Anonymous

Querist : Anonymous (Querist)

13 October 2017 if my income is 180000 for fy.2016-17 and capital gain 10000 then i should pay tax or not?

CMA Ashraful Alom

CMA Ashraful Alom (Expert)
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13 October 2017 Basic exemption limit is available for the capital gain, therefore there is no need to pay tax on 180,000. and Rs 10,000 on capital gain.

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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13 October 2017 No Tax Till the income of Rs.250000 whether it Capital or any other income. So in you case no tax is payable as you income doesn't exceeds Rs.250000

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Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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13 October 2017 No Tax Till the income of Rs.250000 whether it Capital or any other income. So in you case no tax is payable as you income doesn't exceeds Rs.250000