Payment of tax and interest callculation
This query is : Resolved
21 August 2012
hi all sinoors,
My quiry is about payment of income tax and callculatiion of interest thereon.
1- Woman taxpayer has total income, after deductions U/s80C Rs-3,15,000.00. in Acc.year 2010-11. Total income for last year was about 2,10,000.00 and after deductions there was no tax payable. We have not doposit any advance tax for Acc. year 2010-11. What will be the amount of tax and interest payable.
2- Man taxpayer has total income Rs 2,85,000.00, after deductions. we have not deposit any adv. tax. what will the amount of Tax and interest.
kindly provide information ASAP.
Regards
My quiry is about payment of income tax and callculatiion of interest thereon.
1- Woman taxpayer has total income, after deductions U/s80C Rs-3,15,000.00. in Acc.year 2010-11. Total income for last year was about 2,10,000.00 and after deductions there was no tax payable. We have not doposit any advance tax for Acc. year 2010-11. What will be the amount of tax and interest payable.
2- Man taxpayer has total income Rs 2,85,000.00, after deductions. we have not deposit any adv. tax. what will the amount of Tax and interest.
kindly provide information ASAP.
Regards
22 August 2012
Advance tax is applicable only if tax payable is morethan 10000 or more u/s 208.AT is applicable only for Company & Firm.
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