Itr-4

This query is : Resolved 

21 September 2011 DEar Sir in A.Y.2010-11 my income is professional fees 100000,interest income 200000 & salary inocome is 200000 & in this year meinvest in 80c 1000000 Rs. than how much amount is taxable,how much amount pay tax when me pay today.

21 September 2011 Taxable amount will be Rs. 34,000/- + Education cess & SHEC will @3% on such tax value so total comes to Rs. 35,020/-

21 September 2011 Rs.400000 will be taxable..and ur total tax payable is Rs.35020

21 September 2011 than 150000 tax limit not less from 400000

21 September 2011 AY 2010-11 If Tax paid today than

Total Income Rs. 500000/-
Less Deduction 80C Rs. 100000/-
Taxable Income Rs. 400000/-

Income Tax Rs. 34000/-
Ed.Cess & Sch.Ed.cess Rs. 1020/-
Interest Payable Rs. 12495/-

TOTAL Rs. 47515/-



Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615

21 September 2011 AY 2010-11 If Tax paid today than

Total Income Rs. 500000/-
Less Deduction 80C Rs. 100000/-
Taxable Income Rs. 400000/-

Income Tax Rs. 34000/-
Ed.Cess & Sch.Ed.cess Rs. 1020/-
Interest Payable Rs. 12495/-

TOTAL Rs. 47515/-



Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details