Section 115jd

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Roobana Shaikh (Querist)
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05 March 2014 I was filing it 4 and as per my calculation taxable income is 314820 and tax thereon is 6482 and cess 194 with interest of 534 u/s 234A . so tax payable as per my calculation is 7210. While filing the itr 4 tax on the income is 11482 with cess of 344 and interest u/s 234 A,B, C is 2793 with total tax payable as 14619. Can u please justify how? is it coz of section 115JD (minimum alternate tax) . Can u please show me the calculation and and justify how is it so? thank you.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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05 March 2014 is the assessee senior citizen? that slab rate u are applying is for senior citizen whereas it seems in the tax return the age entered is less than 60 years

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