Efiling

sir, My total income is Rs 7,52,289
Rs 1,32,929 + 6,289 (Housing loan interest for FY + LIC premium) + Std amount Rs 2,50,000 must be deducted from the above total income , So is it correct ...??????
And finally the net taxable income is 3,62,962 and tax to be paid is Rs 36,296.....???
Rs 35,781 tax already paid as TDS (form 16). 

So finally I have to pay only Rs 530 including education cess 3% ..? Is the whole calculation correct sir ..?
Thank you
Asked 1 year ago in Income Tax from Pune, Maharashtra
Please state detailed working.
Vijay N. Kale
CA, Hyderabad
248 Answers
4.9 on 5.0
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already answered
Shyam Sunder Modani
CA, Hyderabad
1041 Answers
5.0 on 5.0
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No. you will also be taxed at 20% for some portion of income.
Shashank Surana
CA, Chennai
60 Answers
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