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
(-)
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 |
Post New Answer View All Answers
Which is the section or rule for non submitting c forms panelty and interest
how we creat e-vat return in tally for punjab
How do you plan to achieve these goals?
how we issue the road permit to seller for receiving the rearing material
what is excise duty and how can we mantain its account in outgoing and incoming of bill status.
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?
Define the term "Manufacturer"as introduced in finance act2010.
Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up
How do you determine as to what TDS has to be deducted from each vendor supplying us the goods and doing labour work?
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.
Dear Sir, I am working in account department. I want to know, Why service tax rate is change in every type of service. For Example - Rent Bill Service Tax Rate - 10.30% Taxi Bill - Service Tax Rate - 4.12% Why it change
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
Define the term person?