Answer / ullas patil kulkarni

Provide the full details of your package like your
investments(PF, LIC etc) and DA HRA CCA, other perks atc.

Then only it is possible to calculate exact tax.

any way for the amount 600000 the tax would be:
150000 0
150000 15000
200000 40000
100000 30000
_______ ______
600000 85000

+ EC(3%) 2550
______
87550(your Tax)

Answer / satyaki_raju@yahoo.com

To minimise tax burden there are so many legally accepted
ways. To avail and calculate you have to let me know Your
savings in detail, Children education tution feeses in
detail, Savings other tahn on your name,House rent
particulars,Ownership of house property if any,Your Form 16
given by your employer.
I am a tax Practioner, So I can advice you and guide you to
escape legally from the burden. If you really seek advice
you send your e-mail to me

Answer / arvind

Just go on to the Income tax site of GOI you will get a Tax
calculator in there you just need to enter the amount asked
in there and it will automatically populate the amount of
tax you will incurr but this does not includes your savings
n others like house property allowances and all. If you
wanna calculate on your own you need to know what are your
savings, investments etc. By knowing this you may get some
deductions in your tax.

Answer / raghavendra

Hi, just Adding to the Ulhas's Answer

150000 0
150000 15000
200000 40000
100000 30000
_______ ______
600000 85000

+ EC(3%) 2550
______
87550(your Tax)
-(2000)(Rebate U/S 92E)(Read under Income Tax Rule Act 1962)
-------
85550
-------

the following figures given to you: 2008-09 Sales Rs.100000 Loss 10000. 2009-10 Sales Rs.250000 Profit 20000 Calculate: P/V Ratio, BEP, Sales to make a profit of Rs.40000, Margin of safety at at profit of Rs.2000

1 Answers  

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expand S L M

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Expand------AAIFR

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For eg, u have order 100 goods and u got only 80 goods, and u got invoiced for 80 goods only, what u will do in this?

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