Dear All,
Please provide me the tax implications for the following Details :-
Long term gain u/s 112A is 105503
And other source income is 51499
STT has been paid.
Now please provide me the details solutions considering the above mentioned details.
Thank you.
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Implications of tax u/s 112A
Replies (1)
Not taxable as LTCG is exempt upto 1 lakhs rupees u/s 112A and balance @ 10% and in this case income is less than basic exemption limit
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