Comment on Taxation for Traders - Introduction
commented on
26 Dec 2014, 11:25 PM
other income of 2lks? over and above 50 lks from trading?
If yes, then it is 52lks profit, first 2.5lks 0%, 2.5 to 5lks (10%, so 25k), 5lks to 10lks (20% so 1lk), 10lks to 52lks ( 30% of 42lks, so a around 12.6lks) together 13.85 lks.