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Computation of total income and tax payable

Illustrations #5 Net taxable income of rs 4277500 Ltcg income of 2375000 tax is 20% thats fine. For balance amount of income ie 1902500 it should have been applies on slab rate, insted of why direct 30% applies?


AKHIL KOSHY

AKHIL KOSHY

CA Inter

6K+

01-Aug-20 20:07

42

Answers (1)

I got the answer. Its a company.


AKHIL KOSHY

AKHIL KOSHY

CA Inter

6K+

01-Aug-20 20:22