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U have made a Transaction Worth Rs.1,00,000..Then We made a
down Payment worth Rs.50,000..Then the FY came to an end.
When we are calculating TAX for the FY,on which amount we
will calculate TAX,do we calculate TAX for this
transaction ? .Then NEXT YEAR do we again calculate for
Rs.1,00,000.or the remaining Rs.50,000.

Answer Posted / nagarjuna reddy

Rajesh
Can u answer this question I have a doubt in this one
also.

Is This Answer Correct ?    2 Yes 2 No



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