Income tax decrese
This query is : Resolved
08 January 2020
1.4.19 To 31.3.2020
Pay 734014
DA 75108
TA 4200
HRA 54624
DA Arre 22618
Total 890564
PF 2500
ST Deduction 16 A 50000
Gross Total Income 838064
80 C 150000
Gross Salary 688064
Limit Slap 500000
Taxable Income 188064
Rat Slap 20 % 37612
UP To 500000 Tax 12500
Taxable 50112
Educ ess 2004
Total Tax Accumalated 52116
Tds Paid 6000
Tax Payable 46116
Tax Descress Solution ?????????
Pay 734014
DA 75108
TA 4200
HRA 54624
DA Arre 22618
Total 890564
PF 2500
ST Deduction 16 A 50000
Gross Total Income 838064
80 C 150000
Gross Salary 688064
Limit Slap 500000
Taxable Income 188064
Rat Slap 20 % 37612
UP To 500000 Tax 12500
Taxable 50112
Educ ess 2004
Total Tax Accumalated 52116
Tds Paid 6000
Tax Payable 46116
Tax Descress Solution ?????????
08 January 2020
Above calculation is correct apart from above plan mediclaim policy and pension plan you can save some more tax
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Confusion around Form 26QB fields
- Sale of property furniture sale
- Filing of Form 10BB instead of Filing Form 10B
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
