Menu
direct tax
if I have only LTCgu/s112A Rs.2000000 than hu I calculate my tax liability?????
Replies (1)
Taxable u/s. 112A.... 20- 1 = 19 lakhs
Less basic exemption..... say 2.50 L
Tax liability 10% on 16.5 L i.e. 1.65 L + 4% cess...
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
