I tried attaching the file but was unable to. However click below to see the complete trick
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Derivation of Income Tax Formula in seconds
Replies (4)
provide your valuable comments here please
was it of any help let me know
thank you
Your tricks seems complicated....but i will reply u soon abt it....also ur effort is appriciated....
Let assume E530 inthe given formula is Rs. 600000
then apply the given formula
=ROUND(IF(E530>500000,54000+(E530-500000)*0.3,IF(E530>300000,14000+(E530-300000)*0.2,IF(E530>160000,E530*0.1,0))),0)
= Rs. 84000
| Originally posted by : Jayesh | ||
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Your tricks seems complicated....but i will reply u soon abt it....also ur effort is appriciated.... |
 |
No it is easy actually. May be my presentation is not that good.
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