Dear All
I need one help urgently
sivaram (Asst Mgr-Taxation) (6918 Points)
29 June 2013Dear All
I need one help urgently
Aazim lakhani
(Software Engineer)
(46 Points)
Replied 29 June 2013
Hi Sivaram,
Education Cess is paid on the tax you have to pay. So, with respect to the example you gave, its the 2nd option i.e. tax of 8240
Regards,
Zim
CA Vinay parmar
(Chartered Accountant)
(1318 Points)
Replied 29 June 2013
Shivam ur 2nd option is correct
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