regarding ITR1
mdhussain 2603 (113 Points)
30 May 2018mdhussain 2603 (113 Points)
30 May 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 30 May 2018
Where you get this calculation....?
What is the exact deduction u/s 80C...?
Originally posted by : mdhussain 2603 | ||
in itr1 gross income is 271585 and in 80c 12000 but auto calculate total income is 259590 how it is possible sir?????? |
Rs. 259590 is taxable income and As per Section 288B of the income tax act, the total tax computed shall be rounded off to the nearest Rs 10.