Math, asked by Isha848, 1 year ago

compute its income tax

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Salome4: if you also get please try to share

Isha848: ya sure

Salome4: im near to the answer ill share u

Isha848: sure

Salome4: his annual income= 42000×12=504000

Salome4: don't reply

Salome4: I'm sending step by Step

Salome4: sorry got wrong answer

Salome4: it depends on 80c and 80g sections pg101 and then it also depends on the tables given on pg 102

Salome4: hey how was your exam

Answers

Answered by Rajeshkumare

Income Tax Computation - Steps to Compute Income Tax Your tax is calculated after applying all deductions like HRA, interest on a home loan (if any), LTA, etc. are adjusted from your total income (your gross salary + income from other sources). After doing all this calculation, your income tax is calculated based on the slab your income falls under + 3% Cess.

Answered by RDEEP90

koi asaan sa question poochlo

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compute its income tax