Please solve the issue:
FY:2009-10 (due date of Return File : 31 July 10)
**assesse is Male
**Return will be filed in September'2010
Income from Business u/s 44AE = 148800.00
(Carriage Business -LightVehhicles-2)
Income from Other Sources = 14318.00
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Gross Income = 163118.00
Less: Deduction u/s 80C = -1541.00
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Net Income = 161577.00
Tax on income = ?
Interest u/s 234A/234B/234C = ?
*Any other implications = ?
***No any Taxes paid during FY, self asst to be paid.
CAclubindia
