Urgent and important

Please correct your question. It is not clear.

1. If your other income is less than the capital gain , only balance i.e. capital gain over and above the baisc exemption limit is taxable.

2. 80C can not be deducted from Long Term Capital Gain.

3. See this link.

/forum/long-term-capital-gain-query-47821.asp

Originally posted by : K Rajendra Prasad
	Please correct your question. It is not clear. 1. If your other income is less than the capital gain , only balance i.e. capital gain over and above the baisc exemption limit is taxable. 2. 80C can not be deducted from Long Term Capital Gain. 3. See this link. /forum/long-term-capital-gain-query-47821.asp

agree.

and pls clear the question.........

DEAR SIR

1) PLS PROVIDE ME THE DETAIL REBATE U/S 88 FROM THE FY 1985-86 TO 2005- 06 FULL DETAILS

2) STANDRED DEDUCTION U/S 16 FROM THE SAME YEARS ALSO

3) TAX SLAB RATE ALSO THE SAME YEAR DETAILED

4) RELIEF U/S 89(1) BUT TYPE OF SOFTWARE USED

PLS PROVIDE AS URGENT AND IMPT.

THANKS

VINOD VERMA

your question is not clear, but i think u should want to knew the examption limit is allowed in case of capital gains, yes it is allowed

for exm -  i got rs 50000/-  as capital gain and there is no other income