Matter of tax liablity

This query is : Resolved

Guest

Guest (Querist)

29 February 2012 gud afternoon to all experts
i would like to know that supoose my salary 18000 per month than
18000*12=216000
216000-180000=36000
36000*10/100=3600
3600/12=360
this is my tax liablity
but sir in month of jan"12 my salary increase 2000 (18000+2000=20000)
than plz tell me how i calculate me tax and what is my tax liablity plz thanks in advance
regards
rajiv

Shalibhadra

Shalibhadra (Expert)
Follow

29 February 2012 =18000*12=216000
= 2000*3 = 6000
Total 222000
less :- 180000
Taxable 42000
Tax liability =4200/-
you hv deducted 360*9 = 3240 till dece
320*3 = 960 jan to mar
4200/-

Message likes : 1 times

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok