Lalit Dwivedi (54 Points)
05 August 2017
himanshu garg
(none)
(38 Points)
Replied 05 August 2017
Chirag Punyani
(ca finalist)
(37 Points)
Replied 05 August 2017
Kiran. S
(CTO)
(745 Points)
Replied 06 August 2017
For Salaried person (who does not have biz income) there are 4 heads of income
1) Salary head
2) Income from House property
3) Capital gains
4) Income from other sources
Total relevant to you must be calculated
Then there are deductions under sec 80
Total income minus total deductions is your Taxable income
Calculate tax plus surcharge. Deduct whatever is already paid in form of TDS and advance tax.
If the figure is negative you will get refund
if positive pay - self assesment tax
File return and validate
CAclubindia
