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Mr . Ashish s total income comprises of long - term capital gains on sale of land 5 lakhs; short - term capital gains on
Mr Ashishs total income comprises of longterm capital gains on sale of land lakhs; shortterm capital
gains on sale of STT paid listed equity shares lakhs; income from lottery lakh and savings bank
interest He invests lakhs in PPF His tax liability for AY assuming that he is a
resident Indian of the age of years and does not opt for the provisions of section BAC, is
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