Dear experts,
plz guide me how to file aggriculture income with having business income also..... business income is 4,00,000 and aggriculture income is 2,00,000,....wht is tax liability...... and which ITR form to be filled?
Menu
aggriculture income
Replies (7)
What is the status of the person?
Whether he is an individual , a firm or a company etc. ?
Whether he is an individual , a firm or a company etc. ?
individual
You are required to fill ITR-3 and your tax liability would be 23400/-
rebate of tax for threshold limit 250000 and agriculture income 200000 (250000+200000) is not allowed from gross tax liability? ...of Rs. 10,000 ?
Total income (4,00,000+2,00,000)= 6,00,000
Tax liability (A) = 32500
Rebate (250000+200000) (B) = 10000
Balance (A-B) = 22500
cess @ 3% = 675
Tax payable= 23175
Tax liability (A) = 32500
Rebate (250000+200000) (B) = 10000
Balance (A-B) = 22500
cess @ 3% = 675
Tax payable= 23175
Agree with CA Sunil Kumar
thnku CA sunil sir...
Recent Topics :
- Will my TDS be deducted as NRI?
- PENSION ARREAR RECEIVED - EPS 95 SCHEME
- Processing of Form 144 (prev 27Q)
- Capital Gain on sale of Vacant Land- Whether Demol
- Hello dear I want help .
- Category B/D pop up after the file is e verified
- Section 56(2)(x)(xi) applicability to compensation
- How to claim exempt income u/s 10(26) in ITR-1 of
- 63053900 tax rate
- Clubbing of deceased's income
Related Topics :
CAclubindia
