Mr. Kadam who is 35 years old and has a taxable income of Rs. 13,35,000. Compute the income tax payable by individual.
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Step-by-step explanation:
- Mr Kadam is a part of that slab which starts from 10 lacs .
- Income tax on this slab is 30% .
- And the calculation of the income tax for this slab is as follows
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