03-25-2010, 10:38 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by wasim akram</i>
<br />Quite relevent with the quote. please give calculation manually instead of link.
Calculate tax able income if Anuualy
Salary Income gross 800,000 (Tax being dedect
Rental Income 120,000
Commission from State Life Insurance 300,000 (Tax dedeucted at source @ 10% Rs.30000)
Business Income ( School ) 500,000
Profit from Banks 100,000 (Tax dedeucted at source @ 10% Rs.10000)
How maximum benefit of tax saving can be availed. Pl Advise.
wasim
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<b>Calculation for 2008-09 & 2009-10</b>
App ki salary income 800,000/- hay or taxable hay par ye amount chunky aap ki total taxable income ka 50% say Zayada hay is waja say app salay income ko business income may add kar dayn gay yani ab aap ki income 1300,000/= ho jaye gi,,
Chunky aap ki salary income total income k 50% say Zayada hay is waja say app ko salary Tax rate layna pary ga,,,, jo k 11 % hay, is tarhan aap ki tax liability 143,000/= bany gi.
Rental Income 120,000/= hay ye exempt hay.
Commission or profit from bank par aap tax day chuky han layhaza is amount pat app tax nahi dayn gay.
Tax liability for the year 2008-09 ho gi 143,000/= is may say aap less kar sakty hayn agar aap k employer nay kuch tax amount withheld kya hay to.
<br />Quite relevent with the quote. please give calculation manually instead of link.
Calculate tax able income if Anuualy
Salary Income gross 800,000 (Tax being dedect
Rental Income 120,000
Commission from State Life Insurance 300,000 (Tax dedeucted at source @ 10% Rs.30000)
Business Income ( School ) 500,000
Profit from Banks 100,000 (Tax dedeucted at source @ 10% Rs.10000)
How maximum benefit of tax saving can be availed. Pl Advise.
wasim
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<b>Calculation for 2008-09 & 2009-10</b>
App ki salary income 800,000/- hay or taxable hay par ye amount chunky aap ki total taxable income ka 50% say Zayada hay is waja say app salay income ko business income may add kar dayn gay yani ab aap ki income 1300,000/= ho jaye gi,,
Chunky aap ki salary income total income k 50% say Zayada hay is waja say app ko salary Tax rate layna pary ga,,,, jo k 11 % hay, is tarhan aap ki tax liability 143,000/= bany gi.
Rental Income 120,000/= hay ye exempt hay.
Commission or profit from bank par aap tax day chuky han layhaza is amount pat app tax nahi dayn gay.
Tax liability for the year 2008-09 ho gi 143,000/= is may say aap less kar sakty hayn agar aap k employer nay kuch tax amount withheld kya hay to.
