Comment on Taxation Simplified
commented on
13 Mar 2014, 02:13 PM
Karan,
The Income Tax on STCG is Rs. 1.8 Lacs and Balance Income ie on 5 Lacs ( 8 Lacs – 3 Lac Exp) is Rs 30k total Tax Liability Rs 2.1 Lacs + Edu CEss 6.3k . Tax Liability is Rs 216300.