03-03-2011, 05:01 PM
I have decided to calculate tax on visiting faculty income using u/s 153b.
While filing the income tax return, where will i show my visiting faculty income.
If i show it in my Total income, excel automatically adds it in my taxable income and changes my tax slab, which is wrong.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />Separate Block of income separate block of tax, salary income may add nahi kar sakty services ki income.
33,000/- ho gi ap ki minimum tax liability.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
While filing the income tax return, where will i show my visiting faculty income.
If i show it in my Total income, excel automatically adds it in my taxable income and changes my tax slab, which is wrong.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />Separate Block of income separate block of tax, salary income may add nahi kar sakty services ki income.
33,000/- ho gi ap ki minimum tax liability.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
