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Misguiding Article
by ritwick sanyal on Jul 10, 2008 10:38 AM

Here Mr Zerotaxwalla is earning 13.10L coz none of the other family members are earning. So even the family's income is 13.10L it is being earned by only one person and no matter how his family invests, he still has to pay tax on 13.10L. It is impossible for him to pay 0 tax

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Family income of Rs 13.10 lac & zero tax