Hi
If a individual, whose taxble amount is Rs. 3,000/- how much he/she should pay as interest along with income tax.
Menu
Question
Replies (1)
Hi Indrajit
Pls clarify whether Rs 3000 is tax payable or taxable amount .If the taxable amount is Rs 3000 then no interest is payable bcoz there is no tax liability.But if tax payable is Rs 3000 then @ 1%pm.
Recent Topic
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
- What would be my Salary
- Damage good
- INCOME TAX RETURN
- Form 10E doubt
- LTCG on property sale after 24jul2024
- Should we mention NET INCOME or GROSS INCOME in i
Related Topics
CAclubindia
