Math, asked by manishac515, 9 months ago

what is the computation of tax

Answers

Answered by Anonymous

Here you go

Subtract the Deductions under Chapter VI-A from your Gross Total Income. The result will be your total taxable income. After calculating your total taxable income, apply the tax rates relevant for the financial year for which the income has been calculated to compute your tax liability.

Hope it helps

Maya

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