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 / binesh
he has to pay tax + cess which come to 4000 + 120 = 4120/-
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Is wct charged on firm or proprietors ?
Define deferred tax liability? What items come under deferred tax liability?
Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me
Define deferred tax liability?
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?
how to modify 12% to 13.5% in tallyerp9 release 1.6
what data require for liability calculation under work contract tax composition scheme and regular method.
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
where is applicable WCT & what is limitation for applicable it on company.
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.
send me all current year taxation such that rates and exemptions or on which web site i have to prefer
WHAT IS CORPORATE TAX ?
Which income is considered as accrued income?
Cenvat credit transaction journal entries. And what does the term reversal of credit means