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computation of tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 June 2010 Profit & loss A/c
Dr Cr
Accounting Chrg 2500/- commission 595
Audit fee 2500/- Dividend 35874
Bank chrg 338/- STCG 15480
Printing 6307
Filing fee1340
Profe Chrg 1210
Telephone6828

Profit before tax30255
51948.24 51948.24
having above statment please conmute my tax liability

04 June 2010 income from Business Profession
( 30255-35874-15480) = (21099) to be c/f
Income from Capital Gain
STCG = 15480/-
Income from other sources = 35874/=
Total Gross Total Income=51354
If you are individual then it is below tax limit , hence no tax.
if you are firm , then 30.90% of 51354/


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