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Tax planning - calculation of income tax, Income Tax

Issue Id: - 575
Dated: 5-11-2007
By:- Manisha K Bhagwanani

Tax planning - calculation of income tax


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Please can you help me out as to how the Tax is calculated, my Salary is 1.8 pa+incentives 12k.how much would be my Income tax and how can i save it.I want to make investment only to the extent tax is saved as I m planning for further studies.plz help me out

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1 Dated: 8-11-2007
By:- SANTOSH SHARMA
Dear Sir, Can an assessee take service tax credit on input services along with export under drawback. In this case we reverse the said input credit at the end of respective month. Please give reference of any case law or circular in this matter. regards, santosh sharma

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