Question

On 1st July, 2018, Dheerendra sold shares of Infosys Ltd. for 4 lakh and earned a long-term
capital gain amounting to * 1,50,000. On 1st February, 2019, he purchased a residential house
costing * 2,40,000 for his own residence. Balance amount * 1,60,000 invested in debentures.
Find out the taxable amount of 'Capital Gains' for the Assessment Year 2019-20.
Ans. * 60,000.
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Answer 1

Answer:Taxable gain = 60000

Explanation: