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About Income Tax

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Mukesh Kumar Sharma

Mukesh Kumar Sharma (Querist)
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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

CA Rashmi Gandhi (Expert)
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16 June 2017 Your income wil be Rs.408000/-(504000-96000) Tax on it will be 13690/-

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Mukesh Kumar Sharma

Mukesh Kumar Sharma (Querist)
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16 June 2017 Thanks madam..

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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16 June 2017 Welcome pleasure is mine

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