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...

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
-------
40000 x 10/100=4000
(-)

Answer Posted / hemu_kumar97

He had no need to pay any income tax.

Is This Answer Correct ?    2 Yes 3 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

1916


We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

1852


How should the personal assets of a salaried employee be shown in his books of accounts ?

1683


What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.

1821


We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.

1978


My client has not filled income tax return for ay-2013-14

1611


Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days

2000


what was the VAT rate on inverters(home ups) in karnataka on 2016??

1580


IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?

5739


Rules for filling Income Tax return for an Individual ?

1994


can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax

1707


Should we give C form with Freight, Insurance, P&F after CST?

3867


wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.

1573


How to make a bill of software sale with service tax?

2262


Define deferred tax liability? What items come under deferred tax liability?

1145