Tax on salary income
This query is : Resolved
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
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
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
OM SAI SRI SAI JAI JAI SAI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- STCG on ETF gold & silver
- E way bill for tractors
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
