Tax liability

Up to 200000 no Tax,

200000 to 500000= 10 percent

500000 to 1000000 = 20 percent

100000 and above = 30 percent

Upto 200000 No tax,

Beyond 200000 to 5 lakhs 10 percent i.e 30000  

Beyond 500000 to 755525 20 percent i.e 51105

Total 81101 plus 3 percent Cess

Total tax..... 83534

total income is agricaltural +nonagricaltural income how much?

Agricultural Income exempt from Tax...

yes.at set off loss

Any Loss can not be set off against Exempted income...