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Hi
May i know i 2 avoid Income Tax.I am getting 1,20,000PA
and a house rent of 5000PM,and profit from Agriculture
Income of 80,000.Is agriculture Income taken into
consideration.If so how 2 calculate further & how much will
b the Income TaxI will b getting.
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Answer Posted / mohd abdul qader
Tax Avoiding is not legal term according to Income Tax Act.
if a person is avoiding income tax then he/she is liable to
Penalties and prosecution under income tax, Correct term
for this is TAX PLANNING which is correctly calculated by
many people here
| Is This Answer Correct ? | 2 Yes | 0 No |
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