Tax on salary income

This query is : Resolved

NITIN (Querist)
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08 February 2012 Sir,
I have Received Income from Salary as below - Basic Salary - 537300
HRA - 188000
MEDICAL ALLOW - 15000
OTHER PERQ RECEIVED - 103224

Kindly Give my Income tax amount which we will paid.
Proff Tax 2500
Other information as below
Rent Paid - 15000 Per month
Intrest on home laon -95000
LIP - 100000

Thanks

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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08 February 2012 Your Total Gross Salary is Rs.843524 your net taxable salary is Rs.843524-2500=841024 You total income is(after deduction of HL interest and LIP) 841024-95000-100000=Rs.646024 Tax on it is for men Rs.63041(Including education cess). In case tax on perquisites pays by the employer then tax is Rs.41777.
OM SAI SRI SAI JAI JAI SAI

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