If Mr.A (Individual)Net income Rs.2,00,000 in
F.y.2009-10.How much income tax he has to pay..
Is it Right or wrong

Total Net income = 200000
(-)Nil Tax 160000
-------
40000 x 10/100=4000
(-)

Answers were Sorted based on User's Feedback



If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is i..

Answer / dipak patra

In the tax amount, edu cess of 3% (2 +1)will be added. so
it comes to 4000+4000*.03(120)=4120

Is This Answer Correct ?    4 Yes 0 No

If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is i..

Answer / sri_roy

=

Is This Answer Correct ?    5 Yes 3 No

If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is i..

Answer / binesh

he has to pay tax + cess which come to 4000 + 120 = 4120/-

Is This Answer Correct ?    0 Yes 0 No

If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is i..

Answer / hemu_kumar97

He had no need to pay any income tax.

Is This Answer Correct ?    2 Yes 3 No

If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is i..

Answer / vijaykant

4000/-

Is This Answer Correct ?    1 Yes 2 No

If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is i..

Answer / dorjee tsering

Total Net income = 200000
(-)Nil Tax 160000
-------
40000 x 10/100=4000
(-)

Is This Answer Correct ?    1 Yes 2 No

Post New Answer

More Taxation Interview Questions

What is PLA Account & briefly say the central excise returns, due dates & entries

8 Answers   Apex,


Give details about TDS and its applicapable rates of latest year.

1 Answers   CA, Ratnakar Bank RBL,


What is mean by FBT (Fringe Benfit Tax)? How to calculate this?

2 Answers   Astra,


Books printing is exempted of VAT in A.P. India ? please tell

1 Answers  


WHO IS THE AUTHORITY TO PRODUCE "C" FORM, WHERE ONE CAN GET IT.

0 Answers  






How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me

0 Answers   Suresh Co,


If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is it Right or wrong Total Net income = 200000 (-)Nil Tax 160000 ------- 40000 x 10/100=4000 (-)

6 Answers  


Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.

0 Answers  


types of tax

3 Answers   Banking,


Q1. What is the TDS rates for the current year 2009-10. for commission, Rent , contract and sub-contract Advertising. Q 2. What is the current year professional tax slab.

4 Answers   Infosys, T R Fastenings,


how we calculate the tds on salary.

0 Answers  


WHAT IS EXECUTION OF WORKS CONTRACT ?

0 Answers   Reliance,


Categories