Question

The annual salary of an Unmarried employee working in a bank is 900000. If 67% of his income is given as donation and 5 percent of his salary is deposited on citizen Investment trust . what amount of This income is taxable? ​

Answer 1

Answer:

Sr. No Topic Page No.

1. Residential Status 1 - 5

2. Salary 6 – 20

3. House Property 21 – 28

4. Profits and Gains from Business or Profession 29 - 35

5. Capital Gains 36 – 39

6. Income From Other Sources 40 – 41

7. Clubbing Of Income 42 - 45

8. Set off and carry forward of losses 46 – 49

9. General Deductions 50 - 57

10. Computation of Total Income and Calculation of

Taxes

58 - 6