If a persons income falls in 10% tax bracket and he has long term capital gains taxable at 20% does he have to pay tax on it at 20% or 10%?
khishen shet (ca) (277 Points)
30 March 2012If a persons income falls in 10% tax bracket and he has long term capital gains taxable at 20% does he have to pay tax on it at 20% or 10%?