3. Mr. John, a teacher below 60 years has gross annual income of Rs. 4, 00,000 from all sources. He deposits Rs 20,000 as an annual premium of LIC, monthly contribution of Rs.2000 in provident fund. Compute income tax he will have to pay.
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3. Mr. John, a teacher below 60 years has gross annual income of Rs. 4, 00,000 from all sources. He deposits Rs 20,000 as an annual premium of LIC, monthly contribution of Rs.2000 in provident fund. Compute income tax he will have to pay.
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