late fees
Satish Kumar (185 Points)
19 April 2018what is 5 lakh income.. means gross total income or net taxable income
Satish Kumar (185 Points)
19 April 2018
CA Mayur Todmal
(Practicing CA)
(7756 Points)
Replied 19 April 2018
‘Total Income’ means income remaining after allowing deductions under Chapter VIA (i.e., U/s 80C to 80U) from Gross Total Income