avg .tax rate

This query is : Resolved 

27 November 2009 wht v meant by avg tax rate?////////////

27 November 2009 Average rate of tax for current year = total income tax payable on estimated income less advance tax already paid and TDS as a percentage of amount in respect of which the certificate of lower tax deduction is required.

27 November 2009 can any 1 wright formulla?????

28 November 2009 My dear, formula is there in the above answer.


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