Tax calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2012 PLEASE YOU CALCULATE AND DESCRIBE THE STAP OF CALCULATION OF TAX ON NET SALARY YEARLY 700000 (MAN INDIVIDUAL)

17 September 2012 For calculating the Taxability of Income i need the following informations:

1.Which Financial Year / Assessment yr calculation pertains to?

2. Has he made any investments eligible for sec 80C

3. His HRA, Ptax , tds deducted by the co etc


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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2012 Thanks for reply
Salary – 700000 per year (Man)
Financial Year – 2012-13
Assessment Year – 2013-14
80C- NIL
HRA, P TAX, TDS – NIL
How to calculate the Income Tax. I want the stapes of tax calculation on 700000.


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