Is the Computation of Income Right?
Status.: Individual (N.R.I)
F.Y.: 2008-2009
(1) Income from Business (Nett Loss): - 29,272.00
(2) Income from House Property: - 1,71,812.00
Let-out rent received.: 3,60,000.00
- Deductions u/s 24(a) : 1,08,000.00
- Deductions u/s 24(b) .: 4,23,812.00
Interest re-paid on Borrowed Housing Loan)
Gross Taxable Income.: - 2,01,084.00
Deduction u/s 80C.: 1,00,000/-
Nett Taxable Income: - 2,01,084.00
T.D.S: Rs. 87,293.00/-
Tax Refundable.: 87,293.00/-
CAclubindia
