my client wants to pay Rs. 1000 as income tax , how much income i need to show??
individual
ITR 3.
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Income declaration
Replies (4)
Not possible u client to pay atleast 12600 unless u don't have any special tax rate income.
Okay sir
In current assessment year you have to pay minimum 12500 tax even if you want to pay only 1000 tax so it's better either do not be tax are be ready to pay tax exceeding 12500
Now you declare income UPTO Rs. 500000, the no tax will be levied only late fee of Rs 1000 levied.
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