The Income Tax Act, 1961 governs the taxation of income in India. Income tax is charged on total income for a given financial year. The financial year runs from 1 April to 31 March of the following year. Residential status The residential status of an individual for income-tax purposes depends on the physical stay of the individual in India. Based on the period of stay in […]
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Posts tagged with 'Income Tax'
Taxable Income & Income Tax Calculator with Interest AY 2013-14
Tax Computation sheet in excel format for individual with Interest which contains payment guidelines also & this amount also match with Tax calculator in Website. Click Here To Download Tax Computation Sheet for Individual for AY 2013-14
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