Income tax with future trading
This query is : Resolved
Aman Kumar
(Querist)
19 March 2019
hii all, can any body please let me now about the tax related issues. who is having 7 lakhs package per annum and is earning 1 lakh in future trading. so how much tax need to pay at the end of financial year.
CA. Brijesh Baranwal
(Expert)
22 March 2019
Taxable income is arrived after deductible allowances and insurance premiums etc. Further, rate of tax is also different for each year. You need to provide complete details for proper computation of tax.
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