Thanks about the information.
For explanation about payroll management system, please log on to this site the site URL as below
https://www.sagarinfotech.com/Payroll.aspx
Calculate Tax Please
Page no : 3
CA.Amit Mehta
(Professional)
(254 Points)
Replied 27 October 2009
no in ur case it is not taxable even if it is us 111A
98000-8000=90000+60000=150000
here these principle is called shifting of income wr stcg taxable @ even flat rate no tax is payable on d same
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 27 October 2009
sorry bro. for the mistake...
i did rectify it..
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