Compute the 'advance tax payable' by Kiran for the following incomes estimated for the financial year 2013-14: (i) Gross total income is ₹30,75,000 (ii) Investment in public provident fund is ₹80,000 (iii) Gross total in
CS Executive · Tax Laws and Practice · PYQS · June 2014
Compute the 'advance tax payable' by Kiran for the following incomes estimated for the financial year 2013-14: (i) Gross total income is ₹30,75,000 (ii) Investment in public provident fund is ₹80,000 (iii) Gross total income includes LTCG amounting to ₹10,00,000 earned on 16 th September, 2013. Assume that ₹1,85,000 has been deducted at source during the financial year 2013-14.
Topics: Income Tax
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