Question

2) Miss Sharda (age 27 years) , taxable income rupees 2,34,000. Will she have to pay income tax

or not?​

Answer 1

Answer:

yesssssssssssssssssssd

Answer 2

No, she does not have to pay any Income tax.

• The part of a person's gross income that the government considers taxable is referred to as taxable income. The tax slab starts from 2.5L - 5L, with a deduction of 5%.
• Since, Miss Sharda's earnings are less than 2,50,000, she does not enter in any tax slab as specified by the government.
• Thus, Miss Sharda is not liable to pay any tax.