3. Ashwin, a resident aged 66 years submits the following information for the previous year 2010-2011
Rs.
(a) Income form salary 3,36,000/-
(b) Interest on fixed deposits with bank 34,000/-
(c) Long term Capital Gains 1,50,000/-
(d) Short term Capital Gains on the sale of equity shares on
which securities transaction tax has been paid 15,000/-
He pays5,000/- as Life Insurance Premium on a policy of40,000/- and deposits22,000/- in Public Provident Fund Account.
Compute the tax payable by Rameshwar for the assessment year 2011-2012
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