Sandeep Sharma (Accounts executive) (552 Points)
15 January 2019
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 15 January 2019
What is age of individual and legal status?
13,12,840/- is net total income or gross?
Sandeep Sharma
(Accounts executive)
(552 Points)
Replied 15 January 2019
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 15 January 2019
Tax will be Rs. 2,06,352 + 6191 cess @ 3%.
Sandeep Sharma
(Accounts executive)
(552 Points)
Replied 15 January 2019
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 15 January 2019
1312840 - 250000(basic exemption) = 1062840
on first 250000 of 1062840 tax @ 5% = 12500
On next 500000 @ 20%= 100000
on rest 312840 @ 30% = 93852
Therefore 12500+100000+93850=206352/-
Sandeep Sharma
(Accounts executive)
(552 Points)
Replied 15 January 2019
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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