Total income
This query is : Resolved
28 October 2014
A is 57 years old .his total income for the assessment year 2014-15 is rs.250000 what will his tax liability. ??
28 October 2014
Rs. 5,150 plus interest u/s 234A has to be paid.
28 October 2014
Hi
Also you will get rebate u/s 87A, so net tax is 3,090/- (After Rs. 2000/- rebate u/s 87A)
Check here:
http://www.incometaxindia.gov.in/Pages/tools/income-tax-calculator.aspx
Also you will get rebate u/s 87A, so net tax is 3,090/- (After Rs. 2000/- rebate u/s 87A)
Check here:
http://www.incometaxindia.gov.in/Pages/tools/income-tax-calculator.aspx
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