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
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40000 x 10/100=4000
(-)
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Answer Posted / 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 |
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