banner_ad

Income tax deduction

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 May 2014 my total income is 3,10,000 rs. and pf is 96,000 rs. then how much tax should be deducted
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
08 May 2014 nil tax. taxable income: Rs 1.14 lakhs. tax thereon Rs 1400, rebate under 87A 1400. tax payable Nil.
Profile Image

CA BHARATH KUMAR

Profile Image

CA BHARATH KUMAR (Expert)
08 May 2014 No tax because your income is below slab rate
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
08 May 2014 Dear Bharat,

please note that the incoem is above slab rate. the tax liability is nil because of rebate under 87A.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details