assesse having non agriculture and agricultural income ,how to tax calculate bussiness income 455000
agriculture income 140000
how to calculate tax ???
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Assesse having non agriculture and agricultural income
Replies (1)
Hope Individual is less than 60 years
1) Calculate Tax on Non agriculture + Agriculture Income
2) Calculate Tax on agriculture income = Agriculture income + Maximum exemption limit as per slab rate
3) Tax on agriculture income = 1 - 2 + surcharge + Edu.cess
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