Income Tax on Salary

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 May 2010 Can somebody tell me what will be the amount of income tax payable on income of individuals for following income A Y 10-11 ??

Rs.15,58,360/-
Rs.31,23,170/-
Rs.17,79,690/-
Rs.19,72,610/-

Is any marginal relief to be given in above cases ??

Sohil Ganeriwala

Sohil Ganeriwala (Expert)
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11 May 2010 Tax is as follows:Assuming all assesses are male:
1) 382653.
2) 866179.
3) 451044.
4) 510656.
The above amounts are inclusive of education cess but does not include interest u/s 234A, 234B,234C.

Sohil Ganeriwala

Sohil Ganeriwala (Expert)
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11 May 2010 No marginal relief will be available as Surcharge is no longer applicable to individuals.