Taxable income
This query is : Resolved
11 January 2015
Which is taxable income?
The income, we get from employer as salary with D.A., H.R.A. C.L.A. & T.A.
OR
The income,that comes after deduction of T.A.,H.R.A.,80C,80CC,80G,80U,& various U/s.
12 January 2015
Taxable Income is the income on which tax calculation is to be done, which means after deducting all deductions.
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