Income tax deduction

This query is : Resolved 

07 May 2014 my total income is 3,10,000 rs. and pf is 96,000 rs. then how much tax should be deducted

08 May 2014 nil tax. taxable income: Rs 1.14 lakhs. tax thereon Rs 1400, rebate under 87A 1400. tax payable Nil.

08 May 2014 No tax because your income is below slab rate


08 May 2014 Dear Bharat,

please note that the incoem is above slab rate. the tax liability is nil because of rebate under 87A.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries