deduct the amount 100000 in gross, i,e Net value is Rs. 2,23,000. Amount above 1,80,000 is 43,000 and 10% of 43,000 is Rs.4300 ( Rs.4300 is the amount that is to be paid as annual income tax - based on nex tax.) ( Rs.15100 is the amount to be paid for old tax xcalculation) Mail to for queries.lakna_3581@yahoo.com
