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TAX TO BE PAID

Querist : Anonymous (Querist) 14 April 2010 This query is : Resolved 
I am a senior citizen housewife with no source of earning and a non tax payer. In Fy 2009-2010, I have sold my residential plot which was purchased 5 yrs back. The Indexed cost of the plot is Rs 28.417 Lacs (CII for AY 2010-11 taken as 682 and AY 2005-06 as 480) and sold my plot at Rs 60.00 Lacs. Against this, I have booked and paid for a flat costing Rs 52.66 Lacs and put Rs 2.41 Lacs in Capital Gain A/C opened in a Nationalized Bank which is to be paid later as cost of registry which would be due in six months. What would be my tax liability.Please advice.
A V Vishal (Expert) 14 April 2010
The CII for F Y 2009-2010 is 632.Your tax liability will be 6,390/-.
Raj Kumar Makkad (Expert) 14 April 2010
I do agree with vishal
Vineet (Expert) 15 April 2010
Agree with Vishal. Exact computation needs complete facts.


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