29 February 2012
gud afternoon to all experts i would like to know that supoose my salary 18000 per month than 18000*12=216000 216000-180000=36000 36000*10/100=3600 3600/12=360 this is my tax liablity but sir in month of jan"12 my salary increase 2000 (18000+2000=20000) than plz tell me how i calculate me tax and what is my tax liablity plz thanks in advance regards rajiv
29 February 2012
=18000*12=216000 = 2000*3 = 6000 Total 222000 less :- 180000 Taxable 42000 Tax liability =4200/- you hv deducted 360*9 = 3240 till dece 320*3 = 960 jan to mar 4200/-
CAclubindia
