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Tag Archives: income tax calculation for assessment year 2010-2011
Income Tax on Capital Gains
The Income Tax Act specifies that gains/profits that result from the transfer of capital assets are liable to be taxed as income. To understand the concept of tax on capital… Read more
Income Tax Calculation for FY 2009-10
Income Tax Calculation To calculate the tax to paid for a Financial year, the steps included are : 1) Add all the incomes from different sources to find the Total… Read more
India income tax slabs – explained
As the financial year 2009-10 is approaching its end, we are loaded with the pressure of investments and reduce the Income tax liability. Income tax in India comprises of all… Read more
