Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

compute income tax for the nett income of Rs 325560
In case of
Individual
Resident women
Senior citizen
Firm add education cess on the tax

Answer Posted / maruthi

net income = 325560/- as per A.Y.2009-2010.

individual

150001 to 300000 - 10%

in this case net income Rs.325560/- it is more than

Rs.300000/-

Rs.15000+20% ot the amount exceeding Rs.300000/- (325560-

300000)=25560*20/100=5112+15000=20112/-

Resident women

in this case net income Rs.325560/- it is more than 300000/-

Rs.12000+20% of the amount exceeding Rs.300000/- (325560-

30000)=25560*20/100=5112+12000=17112/-

seniore citizen

in this case net income Rs.325560/- it is more than 300000/-

Rs.7500+20% of the amount exceeding Rs.300000/- (325560-

30000)=25560*20/100=5112+7500=12612/-

as per rule firm rate 30%

example =Rs.325560/- *30%

=Rs.97668*3% EC

Rs.97668*3/100= 2930.04

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

1975


When & how vat audit takes Place in haryana. Is Scrutiny & vat audit is same?

4104


Are woollen Blankets (Rugs) taxable under CST ? Can unregistered party sell it.

2046


how to generate H-form and procedure for generate?

3585


What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com

2185


we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply

2190


If forth alphabet is f then what is TDS percentage ?

782


please tell me friends what are the formats of excise return and vat return?

2207


Suppose there is a computer Inst. providing a course abc and the total fees for it is Rs.10000 per annum, now this institute gives the right to another institute to provide facility of that course on behalf of it and the fees amt. is bifercated to Regd. fees Rs. 2500, Exam fees Rs.500 and tution fees Rs.7000,now the former institute gives right to later ins. to take Rs.7000 and says that the amt. of regd. fees and Exam fees i.e Rs. 3000 must be given to it plus service tax, now we have to save the former ins. from paying service tax on Amt. 3000, how can we do this?

1849


WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.

2022


i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible

1971


WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.

2242


what is the proccesor to caculate the firm assement

2405


i wanna p.y tax assistant exam question paper Please send this as earlier as.

2170


what is form requirment for monthly, quartely, and yearly sale return for haryana

2198