Question

Miss Varsha (Age 26 years) has a taxable income of Rs. 2,30,000. Compute the income tax payable by individual.

Answer 1

Step-by-step explanation:

According to Indian government Income Tax Law Miss Varsha is out of any slab in which she is not payable of income tax for the income of 230000 .

Indian government has decided slabs of taxable income and peoples are charged Taxes

under the slabs-

There is the first slab in which the people whose income is between 250000 to 500000 are payable of 5% income tax.

and miss varsha is not in this slab .

so she is not a payable .

Answer 2

Step-by-step explanation:

ans is yes to be paid 209999999