And If my Income is 300000 p.a., so what tax I have to be
deposit,explain with the method of tax calculation in
detailed?

Answers were Sorted based on User's Feedback



And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / parul

300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140

Is This Answer Correct ?    9 Yes 5 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / anshul arora

300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Total Amount=14420
Less TDS if Paid by You.

Is This Answer Correct ?    3 Yes 3 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / varsha

300000
-160000
140000@of 10%
= answer is 14000

Is This Answer Correct ?    6 Yes 7 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / vj

tell your age and gender first because there are three
category for taxation

Is This Answer Correct ?    1 Yes 2 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / d jha

300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Total Amount=14420
Less TDS & if Paid by You.

Is This Answer Correct ?    0 Yes 1 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / thakur

Mr. VJ is right, but
Also you have to mention your exemptions like pf, insurance, tution housing loan or mediclaim etc., after deducting all the exemptions, then it will be possible to calculate exact tax.

Is This Answer Correct ?    1 Yes 3 No

Post New Answer

More Taxation Interview Questions

I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?

0 Answers  


What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.

0 Answers  


what is E1 FORM

2 Answers   GMC, UAS Pharmaceuticals,


how to generate H-form and procedure for generate?

0 Answers  


What is business?

8 Answers   TCS,






WCT Exemption limit ?? Pl explain on which items WCT is applicable.

5 Answers   DC, TATA, WCT,


Total amount inclusive of tax is 1,00,000 1) ST @ 14.5% on 30% of value 2) COT @ 4% on 100% of value Please find the answer?

1 Answers   GW,


When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Vat Amount" ? please answer with relevant provision

4 Answers  


What is calculate of tds

0 Answers  


when will submitt the c form and what is the percentage?and also hearing details?

4 Answers  


What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificate issued?

3 Answers  


Hi, When your orgnization is applicable for VAT payment..? Payment date of VAT ? Return date of VAT ? What is VAT Summary..?? What is Vat Set off ?? Which Entry to be passed after filing return or payment..??? I will be very thankful to you if anyone can give the detail in short how to file VAT return..? which form etc..?????

1 Answers  


Categories