Tax

Direct Taxation

Compute Tax of Ram Lal age 35 & not u/s 115BAC. Business Income : 1 lakh LTCG u/s 112A : 2 lakh Casual Income u/s 115BB : 2 lakh

Bhuvan Bhaskar

CMA Inter

★ 2K+

05-Jan-23 13:34

520

Answers (2)

Any one pls answer

Thread Starter

Bhuvan Bhaskar

CMA Inter

★ 2K+

05-Jan-23 18:58

Tax @20% on 50000(after exhausting exemption limit of Rs.2.5L for Business income and LTCG @Rs.1.5L) Tax@30% on Rs.2L on casual income

Shankari C

CA Inter

★ 12K+

05-Jan-23 23:15

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