Accountancy, asked by ayaatsheikh, 7 months ago

how to calculate taxable income

Answers

Answered by sejalahire2004

1

First step is to calculate your gross salary by adding all taxable components of salary- Basic Pay, Dearness Allowance, HRA, Special & other allowances.Once you get this amount, add the extra income of interests, rental on property, bonuses & income from other sources, if any.

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