23 April 2014
My question is based on cases. Case-1:- If a new person start providing service and in the month of feb of same financial year he cross the limit of 10 Lakh(consider his taxable service is 11 lakh for FY 2013-14.
Here my question is what will be the taxable amount, the tax should be calculated on whole 11 lakh or only one 1 lakh?