2006-10-03 20:16:15 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ India
You should tell that how much money u have invested.Tax payable is Rs.74460 with cess is payable for male & Rs.70890 for a woman.it depends that who are u a male or a female
2006-10-03 20:23:29 · answer #1 · answered by catty 2 · 0⤊ 0⤋
For a male below 65 years with no deductions and Rs. 410000 as net taxable income tax will be 74460 inclusive of education cess.
This is for financial year 2006-2007. Liability will be same if its financial year 2005-2006 as well.
2006-10-06 01:32:38 · answer #2 · answered by sonali_n 2 · 0⤊ 0⤋
Salary income consists of various heads which are given given deductions while calculating income. To get your tax liability u first need to give your salary breakup and then your investment schedule for the last year.
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2006-10-04 21:12:20 · answer #3 · answered by apurav a 3 · 0⤊ 0⤋
ur tax liability depends on your taxable income, the type of individual and for which assesement year you are filing the returns
From your salary income u need to deduct the deductions/ rebates.
below calclucation is based on no deduction/ rebates
Income-tax on Rs. 410,000 (Including Surcharge & Education cess) is Rs. 98,940
2006-10-03 23:35:07 · answer #4 · answered by witty 1 · 0⤊ 0⤋