How to calcate i-tax
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2011
sir,iam women(below65)assesse.have prop.business & covered in Tax audit for the yr 31.3.2011(A.Y.11-12)My net taxable Incomr is Rs.481830/.
i have not paid Any ADV TAX OR ANY PREPAID TAXES
AS TODAY HOW MUCH I HAVE TO PAY I-TAX? & ALL
INTERST sec 234 a b c & any penlty? reply soon thanks
i have not paid Any ADV TAX OR ANY PREPAID TAXES
AS TODAY HOW MUCH I HAVE TO PAY I-TAX? & ALL
INTERST sec 234 a b c & any penlty? reply soon thanks
19 September 2011
Dear Anonymous,
Your tax liability, as per data furnished by you, is Rs. 30060 (before tax u/s 234A,B,C).
I will recommend you to pay Rs. 33,000 as lump sum payment. Let the IT Dept calculate the interest liability and force the Dept to issue to an intimation, determining your tax liability along with interest.
If any further query, you can mail me to sachindjain@gmail.com
Your tax liability, as per data furnished by you, is Rs. 30060 (before tax u/s 234A,B,C).
I will recommend you to pay Rs. 33,000 as lump sum payment. Let the IT Dept calculate the interest liability and force the Dept to issue to an intimation, determining your tax liability along with interest.
If any further query, you can mail me to sachindjain@gmail.com
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