About Income Tax
This query is : Open
Mukesh Kumar Sharma
(Querist)
16 June 2017
I am a service provider & I earned from service provide Rs. 42000×12 = 504000/- for the F.Y. 2016-17
I paid to my staff Rs. 4000×2 = 8000×12 = 96000/-
than what's my income tax & How ??
Plz explain...
CA Rashmi Gandhi
(Expert)
16 June 2017
Your income wil be Rs.408000/-(504000-96000)
Tax on it will be 13690/-
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Mukesh Kumar Sharma
(Querist)
16 June 2017
Thanks madam..
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CA Rashmi Gandhi
(Expert)
16 June 2017
Welcome pleasure is mine
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