Calculation to bifurgate tax amount from the gross amount
This query is : Resolved
04 August 2011
what is the formula used to find out tax amt.from the total amount and also the surcharged amt.from it
04 August 2011
(A*100)/(100+n)= Taxable basic amount
where
A= Gross amount
n= Rate of Tax
where
A= Gross amount
n= Rate of Tax
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