calculation

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..... calculation
Query (Issue) Started By: - rajeev khulbe Dated:- 12-4-2012 Last Reply Date:- 14-4-2012 Income Tax
Got 1 Reply
Income Tax
gud afternoon to all experts, sir i have a query ab .....

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..... t. income tax calculation. my brother salary is 20 thousand. this is salary structure of my brother salary. basic salary - 12822 hra (40 % salary)- 5128 transport allowance 800 madical remburiseme .....

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..... nt 1250 tottal salary 20000 this is salary detail from april "11 to sep"11 but sir suddenly my brother salary increased 2000 ( 20000+2000=22000) from october"11 salary structure basic salary - 1 .....

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..... 4251 hra (40 % salary)- 5699 transport allowance 800 madical remburisement 1250 tottal salary 20000 than plz tell me that how i will calculate tax from oct"11 to march"12 and sir what will be my .....

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..... total tax liablity in f.y "11-12. plz reply this is very urgent for me. my email id is [email protected] Reply By Saji John: The Reply: Dear Mr Rajeev Calculate the Salary for the year i.e. .....

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..... Basic Salary 12822 x 6, 14251 x 6 = 162438, likewise for HRA, if your brother is paying the rent then calculate accordingly, Transport Allowance is not taxable upto Rs. 9600/- p.a. same with Medical .....

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..... Reimbursement is non taxable if the bills are submitted upto Rs. 15,000/- p.a. Thanks & Regards Saji
Discussion Forum - Knowledge Sharing .....

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