How to calculate tax liability for consultant in india ?

Hi,

Income tax does not differentiate between a consultant and any other employee. What is considered is an employer employee relationship for taxing under salary.

For computing tax you need to provide me your complete details like.

Form 16

Form 26 AS

investment details

Rent slips etc 

for any further query PM or mail me.

AJH & CO.

anubhavjain @ ajhco.in

Please consider this case - 
Company do not give 16A form and do not cut any taxes.

They just pay monthly 75,000 Rs in bank account thats it !!! 

And I have saved 1,50,000 Rs and my expenses are 15,000 Rs per month for which I can show receipts then what will be my tax liability ?

Tax liability = 1,10,000 tax+3,300 edu cess

For any further query PM or mail me.

AJH & CO.

anubhavjain @ ajhco.in

Some interest will also be levied u/s 234 ABC which needs computation.

If your yearly income is 900,000/- and expenses claimable is Rs. 180,000/-, then your tax liability shall be Rs. 76,220/- on the basis of info given by you.

Expense can only be claimed in case assessee is a professional.