30 June 2011
Mr. Ram.. For calculating taxable salary you have to deduct some exempt salary component (such as HRA, Conveyance Allowance, Medical Reimbursement etc.) and deduction under chapter VIA (such as LIC, Housing Loan Repayment, Children's Tuition Fees, Investment in NSC, FD of 5 yrs or more, Medical Premium, Interest on Education Loan etc.)
So, wihtout detailed figure of your salary and above mentioned items, I cannot simply advise you about your taxable income...
CAclubindia
