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TMI BlogcalculationX X X X Extracts X X X X X X X X Extracts X X X X ..... gud afternoon to all experts, sir i have a query abt. income tax calculation. my brother salary is 20 thousand. this is salary structure of my brother salary. basic salary - 12822 hra (40 % salary)- 5128 transport allowance 800 madical remburisement 1250 tottal salary ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 20000 this is salary detail from april "11 to sep"11 but sir suddenly my brother salary increased 2000 ( 20000+2000=22000) from october"11 salary structure basic salary - 14251 hra (40 % salary)- 5699 transport allowance 800 madical remburisement 1250 tottal salary 2000 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 than plz tell me that how i will calculate tax from oct"11 to march"12 and sir what will be my total tax liablity in f.y "11-12. plz reply this is very urgent for me. my email id is [email protected] - Reply By Saji John - The Reply = Dear Mr Rajeev Calculate the Salary for the year i.e. Basic Salary 12822 x 6, 14251 x 6 = 162438, likewise for HRA, if your brother ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is paying the rent then calculate accordingly, Transport Allowance is not taxable upto Rs. 9600/- p.a. same with Medical Reimbursement is non taxable if the bills are submitted upto Rs. 15,000/- p.a. Thanks Regards Saji - calculation - Query Started By: - rajeev khulbe Dated:- 12-4-2012 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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