Tac Payable
This query is : Resolved
05 December 2021
Assessee not a sr citizen has following income for A Y 21-22
Salary after standard dedn and PT Rs.29,240/-
STCG taxable @ 15% Rs.5,79,590/-
Income from Other Sources Rs.32,860/-
Gross Total Income Rs.6,41,690/-
Deductions under chapter VIA Rs.99,700/-
Taxable income including STCG Rs.5,41,990/-
In above case tax liability will be how much ?
Salary after standard dedn and PT Rs.29,240/-
STCG taxable @ 15% Rs.5,79,590/-
Income from Other Sources Rs.32,860/-
Gross Total Income Rs.6,41,690/-
Deductions under chapter VIA Rs.99,700/-
Taxable income including STCG Rs.5,41,990/-
In above case tax liability will be how much ?
05 December 2021
RS. (3,29,590 * 15%) +4% CESS
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