If Mr.A (Individual)Net income Rs.2,00,000 in
F.y.2009-10.How much income tax he has to pay..
Is it Right or wrong
Total Net income = 200000
(-)Nil Tax 160000
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40000 x 10/100=4000
(-)
Answers were Sorted based on User's Feedback
Answer / dipak patra
In the tax amount, edu cess of 3% (2 +1)will be added. so
it comes to 4000+4000*.03(120)=4120
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / binesh
he has to pay tax + cess which come to 4000 + 120 = 4120/-
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dorjee tsering
Total Net income = 200000
(-)Nil Tax 160000
-------
40000 x 10/100=4000
(-)
Is This Answer Correct ? | 1 Yes | 2 No |
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