27 December 2013
For the FY 2013-2014 50 Years Male Gross salary 613436 CA/TA 8400 PT 2500 80-c LIC 100000 80-E Interest On Education Loan 40000 as per my knowledge tax and Ed. cess is 23892 my friend knowledge tax and ed. cess is 21892 there is controversy between new sec 87a above which tax calculation is correct or wrong.please clarification sec 87a and tax amount.
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