Taxation of Interest Income and Capital Gain

dear friend

i am giving solution based on  information provided by you.

225000-(Total income - Ltcg)=if there is positive amount then reduce this amount from ur cap gain income and u will have to pay the tax @ 20% otherwise i mean if there is negative amount then calculate normal tax on interest income as per slab rates and @ 20% on capital gain.

regards

tarun rustagi