Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential...
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Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale Net sale price of capital assets except residential house Rs. 30,00,000. Total profit Rs.11,12,775 and residential house purchased Rs. 18,00,000. Find out tax free capital gain. On date 01-07-2020 Mr. Saurav sold his jewllery for Rs.13,26,385. It was bought for Rs. 4,52,000 in 2004-05. Transfer charges Rs.33160. On 18-03- 21 Rs. 80000 was in vested in 5 years bonds of NHAI and relevant cost inflation index numbers of 2004-05, 2019-20 and 2020-21 are 113, 289 and 301 respectively. What would be the taxable amount of capital profit for the A.Y. 2021-22 The salary is paid Rs.21000. Which is distributed to departmental 'A' and 'B' The salary of department 'A' is 10% higher than department 'B'. How much salary is paid for the department "B". Interest is received on 30th April and 31st October ever year. In above price of sale transaction in clouded amount of interest is (12%) Rs. 1500. Find out the market value Date Face Price Brokerage Remark value 01/08/20 (?) 108 1% Sale
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1 Here taxfree capital gain will exist only if conditions of 57F exemption for capital gain comply ... View the full answer
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