Tax liability (Format) Assessment Year 2024-25

 

		Particulars	Amount
Add	A]	Winnings from lotteries, Crossword Puzzles or races including horse races card games etc. @30%	XXX
Add	B]	Income by way of transfer of carbon credits @10%	XXX
Add	C]	Short Term Capital Gain @15%	XXX
Add	D]	Long Term Capital Gain @20%	XXX
Add	E]	Long Term Capital Gain on Equity Shares @10%	XXX
Add	F]	Dividend in excess of Rs. 10,00,000 @10%	XXX
Add	G]	Tax on reaming income	XXX
Less		Tax Rebates u/s 87A ·        Old Tax Regime (Whose total income does not exceed Rs. 5,00,000 shall be entitle to a deduction of Rs. 12,500) ·        New Tax Regime (Whose total income does not exceed Rs. 7,00,000 shall be entitle to a deduction of Rs. 25000)	XXX
Add		Surcharge or Marginal Relief	XXX
Add		Health and Education Cess (4% of Income tax and surcharge)	XXX
Less		TDS Paid, Income Tax Paid	XXX
	؞	Total Tax	XXX