Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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


Please Help Members By Posting Answers For Below Questions

how much tds deducate on hotel party arrange by company

1957


What will be the planned expenditure in the budget 2009-10

2261


What is income tax? How is it calculated?

1076


which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent

2404


In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

1718


Define Amortization & Impairment?

2084


over all details about tax what is mean by headge fund and detail explanation?

2189


We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

1811


Does the tax liability of an individual get affected due to his residential status? If yes, explain.

983


What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2402


How to calculate the TDS

2286


service tax

1966


if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1434


What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.

1792


THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?

2160