Salary income quarry

This query is : Resolved 

30 July 2012 Dear All,

A client received salary 153400/- (159500- 6100 EPF).
Whether Gross Total Income & Taxable Income Rs. 153400/-

Or

Gross Total Income Rs. 159500/- & 80C Deduction Rs. 6100/- Taxable Income 153400/-

Which one is correct...

30 July 2012 second one is correct

30 July 2012 Second option is correct


30 July 2012 SECOND ONE IS CORRECT



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