CMA RAVI GUPTA (MT in VPL) (493 Points)
16 December 2009The total income of Mrs. Z computed for the A.Y. is Rs. 2,00,000 which includes the following:
Long Term Capital Gain 30,000
Winning from Lottries 20,000
Short Capital Gain u/s 111A 10,000
Agriculture income earned by her was Rs. 50000.Compute the tax payable by Mrs. Z?
sriram
(CA)
(281 Points)
Replied 16 December 2009
Here the Minimum total income has to be equal to sec112 111A & 115 B and wrt agricultural income it has to be done under partial integration method
Vinod Kannan
(STUDENT)
(56 Points)
Replied 04 January 2010
CAclubindia
